- The Board uses its Taxi Cost Index (TCI) as an objective method for reviewing taxi rates and identifying increases. Components of the TCI include fuel, insurance, wages and consumer prices. Details are posted at http://www.th.gov.bc.ca/ptb/tci.htm
- On February 27, 2013, the Board approved the “Taxi Cost Index 2013” Rule which implements a rate increase of 1.9% for licensed taxi operators in British Columbia.
- Effective April 1, 2013, British Columbia returns to a PST and GST tax system. The 5% GST that was applicable to taxi fares is being replaced with 5% GST. The provincial government has indicated that provincial PST does not apply to taxi fares. Rates in this rule reflect these government tax changes.
II. Rates for Taxicab Companies
The following rates and taxi meter formula must be implemented on April 1st, 2013:
|Type of Rates||Rates Without GST||Rates With 5% GST||Rounded Rates With 5% GST||Taxi Meter Forumla with 5% GST included|
|Flag||3.0772||3.2311||3.25||$3.25 for first 53.21 metres|
|Distance [per km]||1.7898||1.8793||1.88||$0.10 for each additional 53.21 metres|
|Wait Time [hourly]||38.5552||42.3767||40.4830||$0.10 for each consecutive 8.89 seconds (or $40.4830 per hour)|
III. Applicable Licensees
This Board Rule applies to all Capital Regional District (CRD) taxi operators. See Appendix A for a list of CRD taxi operators. The list is subject to change.
Start of New Rates: March 31, 2013 – Date of Rule: March 28, 2013
V. Other Rules
The “Board Rule Respecting CRD Taxicab Rates” effective January 14, 2012, is rescinded. The Board’s “Standard Rules for Taxicab Rates” of May 1, 2011, remain in effect.
To see official reference to this pricing chart please click on the image below.