January 25, 2021

What will cost you the most in 2021 BC – will be less

Here is a list of some of the most expensive products and services, from boat and transportation to electricity and food – and some will cost less in 2021.

More precious foods

For the third year in a row, British Columbians can expect more to go out for food in 2021.

Epidemic, wildfire and changing consumer habits The average Canadian household will pay up to $ 695 for food this year, with the biggest increase predicted by the annual Food Price Report.

According to Canada’s Food Price Report 2021, released in early December, rising prices for bread, meat and vegetables are expected to increase overall food prices by three to five percent.

For the average family of four, that is, 13,907 groceries bill.

400 savings on ICPC fees

P.C. The government announced plans in February to radically overhaul the province’s auto insurance system, which would eliminate lawyers from the so-called “advanced maintenance” system.

BC The province says premiums will fall by 20 percent – up to an average of $ 400 a year, and the insurer is moving to introduce a system designed to divert hundreds of millions of dollars spent every year on legal costs for good. People injured in the crash.

Change in law Effective May 1.

Boat fares are rising

P.C. Charges with Ferris will increase by an average of 2.3 percent over the entire fleet in 2021, and will increase again by the same amount in 2022 and 2023.

The company said the increase was to offset rising operating costs and infrastructure.

The exact increase for individual paths is yet to be determined. PC Ferris will announce its final new pricing framework in April.

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P.C. Charges with Ferris will increase by an average of 2.3 percent over the entire fleet in 2021, and will increase again by the same amount in 2022 and 2023. (CBC)

A one-passenger passenger ticket from Switzerland to Swartz Bay currently costs 20 17.20, while the price for a standard vehicle on that route is $ 57.50.

In early December, BC. Ferris, P.C. Transit and Translink have signed agreements with the province and Ottawa for more than $ 1 billion in the Disaster Relief Fund.

Safe restart payments will help public transportation providers to offset revenue and operational losses from the COVID-19 epidemic.

8 308 million was provided for ferry service.

Transportation

Transling received $ 644 million in the same financial deal, but plans a 2.3 percent tariff increase in July.

Translink says the increase is less than originally planned thanks to new funding. The regular, one-zone adult fee, increase translates to seven cents.

Translink said the planned increase for 2020 has been canceled due to the epidemic.

Despite funding from the province and the federal government, transling charges will increase slightly in 2021. (Peter Scoby / CBC)

Outside of the Lower Mainland, P.C. runs a bus service to 130 communities, including Victoria. Transit – says it will work with partner municipalities to determine which tariffs will increase in 2021. BC Transit Secure Restart received $ 86 million in financial agreement.

Electricity

BC Hydro residential customers can expect to receive an average of $ 4 in their bill in 2021.

This is the result of an additional 0.61 percent rate cut that will take effect before April 0.6, 2020.

Business customers will receive an average of 10 to $ 600 depending on the size of the business, and industrial customers will receive 5,000 to 375,000.

BC Hydro says it fits BC Utility Authority The 1.16 percent increase, if approved, will take effect in April.

Fortisbc, which supplies electricity to Kelowna, southern Okanagan and the western Cottenay-frontier area of ​​BC. Will increase its general rate to 4.36 percent From January 1st.

As a result, a residential customer who consumes an average of about 12,000 kilowatt hours (kilowatts) of electricity per year will have their monthly bills increase by about 30 7.30 per month.

Fordispice says the increase is needed for $ 72 million in power infrastructure projects by 2021.

The company increased rates One percent In January 2020, this is the first increase after 2017.

Most people in BC will pay more for natural gas by 2021. (Shutterstock)

Natural gas

Most natural gas customers, says Fortisbc The rate will increase in 2021, From January 1st

For FortisbC residential natural gas customers in the Lower Mainland, Fraser Valley, Interior, Whistler, Vancouver Island and Cottenas, monthly natural gas bills increase by approximately eight percent or $ 6 based on the average usage of 7.5 gigajoules per month.

For residential customers in Fort Nelson, monthly bills increase by about five percent or $ 4, depending on usage of an average of 10 gigajoules per month.

According to FortisbC, the increase in rates will offset the increased costs of storing, transporting and delivering energy.

There is good news for propane users at Revelstock. Fortisbic says their annual bills will drop by about 36 percent, or about $ 350, due to coordination between provincial-level rates.

Property taxes

Many municipalities in BC will work to approve budgets over the next two months, often including property tax increases.

So far homeowners in Vancouver will see a five percent increase, which is less than the seven percent increase by 2020.

That would mean an average single-family homeowner with an estimated $ 1.57 million would see an increase of 6,146.

Surrey’s budget includes a 2.9 percent property tax increase in 2021, but has tripled the city’s capital parcel tax from $ 100 to $ 300. This applies to every property in the city.

Mayor Doug McCullum said the parcel tax increase in early December would allow the city to finance a number of projects needed while taking out less debt. These projects include an upgrade to a community center in Newton and the Pier Creek Park Athletic Center.