TransLink response to questions about long-term transportation funding in Metro Vancouver
NEW WESTMINSTER, BC – The 2025 Investment Plan states: “The Government of BC has also committed, subject to approval of the Legislative Assembly, to enable an additional revenue source(s) in 2027. If passed, the new source(s) is intended to begin in 2027, generating at least $112 million per year in new revenue when fully implemented.”
It is up to the province to determine what that revenue source will be. TransLink has not advocated for any specific tool; our focus is on the need for stable, predictable funding that allows us to maintain and grow the transportation system Metro Vancouver depends on.
The current Investment Plan provides funding through the end of 2027, but short-term funding cannot replace a sustainable, long-term solution. Without one, reductions to transit service and road investments will be unavoidable.
The challenge is compounded by an eroding fuel-tax base. Average fuel consumption per vehicle has dropped 45 per cent since 2002 as vehicles have become more efficient and more drivers switch to electric vehicles. Despite more vehicles on the road, the revenue TransLink receives from fuel tax is falling and is projected to decline further.
A strong transportation system is essential to how this region functions. It connects people to jobs and opportunities, supports housing and growing communities, and keeps people and goods moving across Metro Vancouver.
We look forward to working with whichever party British Columbians elect to form government, on a sustainable path forward.
Media contact:
TransLink Media Relations
E: media@translink.ca