July 1 is often a day when public agencies increase their rates.
You’ll be paying slightly more for TransLink rates, along with BC Hydro increases that are already in effect.
CLICK HERE TO LISTEN TO 1130 NEWSRADIO VANCOUVER LIVE!The electric utility provider increased its residential electricity rates by another 3.75 per cent effective April 1 – or about $3.75 per month for the next two years.
Despite the increases, energy minister Adrian Dix says British Columbians still pay some of the lowest electricity rates in North America.
Residents in B.C. pay about half of what residents in neighbouring Alberta pay for electricity.
Another rate increase coming into effect today is at TransLink.
The increase amounts to about 4 per cent for an adult single ride fare.
That translates to about 15 cents to travel one zone, 20 cents to go two zones and 25 cents for a three-zone trip.
Monthly adult passes have gone up between $4 and $8.
TransLink says it’s necessary to “continue to provide essential transit services and keep Metro Vancouver moving.”
— With files from Dean Recksiedler.