TLCI review of taxi rates

TLCI review of taxi rates

August 23, 2023

Board allows taxi rate increases of up to 7.3% based on rise in CPI

Taxi licensees can request a 2023 TLCI taxi rate increase of up to 7.3%. The Passenger Transportation Board (Board) is now accepting completed TLCI request forms until the request deadline of September 17, 2023. 

The Board established the TLCI as an objective way to identify periodic rate increases as operating costs rise. The TLCI uses the Consumer Price Index (CPI) for BC to track annual cost changes and the Board established a threshold of 2% that must be met in order for TLCI to be made available. TLCI provides an efficient and fair way for taxi licensees to obtain periodic increases when operating costs rise as it strikes a balance between the interests of transportation operators and the consumers they serve. 

In 2022, a combined 2020/2021 TLCI of 5.3% was offered. In 2022, the Board also considered CPI trending for January and February 2022 in addition to 2021. In 2023, as the Board offers its final intake of TLCI before implementation of the Board’s Custom Taxi Cost Index, the Board considered CPI BC data for the remainder of 2022 (March – December) and a portion of 2023 (January – June).

Should licensees want an increase larger than 7.3% or to request an increase outside of the TLCI process, a change of rates application must be submitted.

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TAGS: Taxi, Policy updates

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September 6, 2023

Board releases Annual Report 2022-2023

The Passenger Transportation Board’s Annual Report 2022-2023 is now available online. The Annual Report 2022-2023 describes the activities of the Board during the fiscal year April 1, 2022 to March 31, 2023.

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August 23, 2023

TLCI review of taxi rates

Taxi licensees can request a 2023 TLCI taxi rate increase of up to 7.3%. The Passenger Transportation Board (Board) is now accepting completed TLCI request forms until the request deadline of September 17, 2023.

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August 16, 2023

Traffic congestion study to begin in Lower Mainland

The Passenger Transportation Board has passed a motion to conduct a traffic congestion study in selected areas of the Lower Mainland, under section 7(1) of the Passenger Transportation Act. The study is being undertaken as a result of concern over the potential impact of passenger transportation on road congestion, particularly in high-density urban areas like Vancouver.

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August 9, 2023

Update report on impacts of Covid-19 on BC Passenger Transportation Industry

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August 2, 2023

Taxi Rates - Cost of Living Adjustment 2023

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July 19, 2023

New Strategic Plan 2023-2026

The Passenger Transportation Board (Board) has updated its three-year Strategic Plan (2023-2026). This Strategic Plan focuses on the following: positioning the Board to fulfill its expanded role and mandate; supporting ongoing organizational transformation; strengthening engagement with interest parties; and, promoting a healthy and vibrant passenger transportation industry in BC.

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