Thursday, January 17, 2008

We Don't Need Public Ferries

Why? because a private system would give the public more options at a lower cost. The argument that fixed costs are so huge only one company can operate doesn't hold up. There are two different companies that offer ferry service from Port Angeles to Victoria. Japan has over twenty different ferry companies and their market is pretty competitive. The only time public ferries may be useful is for services to small islands with little demand. Not much of BC ferries business meets this definition. Despite this, I don't see how many reforms for BC ferries (or anyone else) on the horizon.

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