by Rick | Jun 14, 2010 | Uncategorized
TransLink’s operating budget turned in a $ 24 million surplus in the first quarter of 2010. Originally, TransLink forecast a $ 10 million deficit. The organisation credits Olympic ridership and VANOC payments for Olympic-related services, higher than forecast...
by Rick | Jun 14, 2010 | Uncategorized
The Golden Ears Bridge, Greater Vancouver’s first, modern toll bridge has not reached traffic or revenue projections in its first year of service. Traffic is 25% below 2004 projections (22,300 vs. 29,400 vehicles / day) and revenue is down about 17 % ($26.5 million...
by Rick | Jun 14, 2010 | Bus, Buses, Issues, Rapid Transit, Transit
Daily ridership on TransLink’s Canada Line is a few thousand riders short of its 2013 forecast ridership of 100,000 riders / day. TransLink spokesman, Ken Hardie, stated that the Olympics, ridership increases on buses feeding the Canada Line, and pent-up transit...
by Rick | Jun 8, 2010 | Bus, Buses, Ferries, Issues, Rapid Transit, Transit
TransLink reported a significant, post-Olympic bump in transit ridership. January 2010 ridership was up 3% over January 2009; February 2010’s ridership swelled 51% due to the Olympics; and March 2010 was up almost 20% over March 2009. TransLink would not speculate on...
by Rick | Jun 8, 2010 | Ferries, Issues
BC Ferries CEO, David Hahn, says forcing the corporation to abide by provincial freedom-of-information legislation could cost $3 million annually, putting upward pressure on ferry fares. The change results from the provincially ordered Comptroller General’s report....