Send this page to someone via email

WATCH: Christmas has come early for BC ferry passengers. The corporation announcing it is eliminating its fuel surcharge as of this Wednesday. Keith Baldrey reports.

VANCOUVER – BC Ferries has announced they will be eliminating the 3.4 per cent fuel surcharge starting Wednesday, Dec. 17.

“With the current favourable market conditions, we have been hedging our diesel fuel costs and are now in a position to eliminate the fuel surcharge, which is great news for holiday travellers,” says Mike Corrigan, BC Ferries’ president and CEO, in a press release. “We know that fare affordability is an issue for our customers and we are pleased to be able to reduce the cost of ferry travel, as every bit helps.”

This change will remain in effect indefinitely at this time.

BC Ferries says it still has an outstanding balance in its fuel deferral account, but the remainder continues to drop and forecasts indicate that the balance will be reduced to zero in the first half of 2015.

Story continues below advertisement

WATCH: BC Ferries has axed its 3.4% fuel surcharge. Will the airlines follow suit? Ted Chernecki reports.