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How much does the CEO of BC Ferries make?

How much does the CEO of BC Ferries make?

The report stated B.C. Ferries CEO Mark Collins earned a base salary of $535,000. Collins’ eight vice-presidents earned base salaries of between $355,000 and $452,000 a year.

Who owns BC Ferry Authority?

the provincial government
Currently, BC Ferries is operated as a private company, with the provincial government as the whole owner from being its single shareholder. The ferry corporation is governed by its own corporate board of directors.

Does BC Ferries make a profit?

BC Ferries’ fleet reliability record exceeded the target at 99.7 per cent. The company carried up to $8 billion of cargo, generating commercial revenue of $89.9 million….BRITISH COLUMBIA FERRY SERVICES INC.

Years ended March 31
2020 2019
Total operating expenses 856,150 820,710
Operating profit 85,244 104,943

How is BC Ferries funded?

Federal and provincial cabinet ministers have announced more details about how the money from the Safe Restart agreement will be used to support transit systems and BC Ferries. The joint funding totals $1.08 billion, with the province and the federal government each contributing $540 million.

How much do BC Ferries employees make?

How much does BC Ferries pay? The average BC Ferries salary ranges from approximately $55,052 per year for a Deckhand to $55,052 per year for a Deckhand. The average BC Ferries hourly pay ranges from approximately $26 per hour for a Customer Service Attendant to $30 per hour for a Deckhand.

Who is the head of BC Ferries?

Mark Collins (Apr 1, 2017–)BC Ferries / CEO

Is BC Ferries a private corporation?

In 2003, BC Ferries was transformed from a Crown Corporation to a private company. The BC Ferry Authority holds the single issued voting share of BC Ferries.

Is BC Ferries a publicly traded company?

British Columbia Ferry Services Inc., operating as BC Ferries (BCF), is a former provincial Crown corporation, now operating as an independently managed, publicly owned Canadian company….BC Ferries.

Trade name BC Ferries
Founded Victoria, British Columbia (June 15, 1960)
Headquarters Victoria, British Columbia, Canada

How much does a BC ferry employee make?

Is BC Ferries losing money?

During the first quarter of fiscal 2021 (April to June 2020), BC Ferries lost $62 million and had not yet received Safe Restart funds to offset those losses. The company received a total of $308 million in Safe Restart funds in December 2020.

How much does a deckhand at BC Ferries make?

The typical BC Ferries Deckhand salary is $58,291 per year. Deckhand salaries at BC Ferries can range from $52,933 – $64,211 per year.

Who is Astrid Chang?

Anchor/Reporter – CTV Vancouver Island.

Is BC ferry a Crown corporation?

Who regulates BC Ferries?

The single voting share of BC Ferries Corporation is held by the provincial government’s BC Ferry Authority, which operates under the rules of the Act. During the 1990s, the NDP government commissioned a series of three fast ferries to improve ferry service between the Mainland and Vancouver Island.

How much does a BC Ferries worker make?

How much is a BC ferry worth?

But, the deal made headlines questioning if BC Ferries got fair value. “The cost to keep a ship such as the Queen of Chilliwack on stand-by in a ready capacity is approximately $1.5 million to $2 million per year,” said the corporation in a release at the time.

What is it like to work at BC Ferries?

The ferries is a fantastic place to work, especially if you are young and eager. For most positions you are hired as a casual and once you accumulate enough seniority you can apply for a regular job, where you receive a fixed schedule and better benefits (such as a pension plan and vacation blocks).

How much does a captain make on BC Ferries?

$103,462 per year
The typical BC Ferries Captain salary is $103,462 per year. Captain salaries at BC Ferries can range from $72,148 – $154,986 per year.

What is the starting wage at BC Ferries?

The average BC Ferries salary ranges from approximately $55,052 per year for a Deckhand to $55,052 per year for a Deckhand. The average BC Ferries hourly pay ranges from approximately $26 per hour for a Customer Service Attendant to $30 per hour for a Deckhand.

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