Corporate

How BC Transit is Funded

BC Transit 2024/25 ($473 million). Provincial transfers: $214.7 million (45.4%). Operations: $73.3 million (15.5%). Local transfers: $143.9 million (30.4%). Provincial health authority: $1.6 million (0.3%). Other revenue: $10.5 million (2.2%). Fuel tax: $17.6 million (3.7%). BC Bus Pass: $11.4 million (2.4%).

Funding

Transit service is funded through three main sources: provincial contributions, local government contributions and passenger fares.

The total cost to run the service in 2024/25 was $477.3 million. Provincial contributions, which include operating contributions (transfers), amortization of deferred capital contributions, Provincial Health Authorities and the BC Bus Pass Program, accounted for $227.7 million or 48.1 percent of total funding.

Local governments contributed property taxation (transfers) totaling $143.9 million or 30.4 percent of total funding. Revenue from passenger fares (operations), advertising, investments, carbon credits and fuel tax totaled $101.5 million or 21.5 percent of total funding.

BC Transit by the numbers:

  • Total capital expenditures in 2024/25 of $147.1 million.
  • Provides services to over 130 communities across B.C. in collaboration with local government partners, including the Victoria Regional Transit Commission and regional hospital districts.
  • Contracts with 17 operating companies across the province, (9 private, 5 not-for-profit, 4 municipal).
  • Transports more than 54 million passengers annually.
  • Serves more than 1.9 million people in B.C.
  • Operates 58 transit systems – conventional, community, custom and paratransit.
  • Owns a fleet of over 1,100 double decker, heavy-, medium- and light-duty buses.
  • Total operating expenditures in 2024/25 of $398.0 million.

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Corporate Reports

How is BC Transit doing? Take a look at our corporate reports.