Gateway Infrastructure Fee Annual Report
Port Metro Vancouver released its first Gateway Infrastructure Fee (GIF) Annual Report for the year ended December 31, 2011. This report was prepared in line with a commitment that the Port made to industry during the GIF consultation process in 2010, when it was stated that the GIF would only be used as a cost recovery mechanism and that the program would be transparent.
Gateway Infrastructure Fee
Port Metro Vancouver undertook a comprehensive consultation process with industry stakeholders to develop an effective, efficient and fair mechanism to recover the cost of the Gateway Improvement Program (GIP) projects through a Gateway Infrastructure Fee (GIF). Industry stakeholder input was carefully considered as part of the consultation process and has been incorporated, where possible.
The GIF Backgrounder provides an overview of the GIF including: Fee Structure, Collection Mechanism, Term and Annual Evaluation.
The GIF Consultation Summary Report was prepared by Kirk & Co Consulting Ltd., an independent company that was retained by Port Metro Vancouver to design and lead the GIF consultation program.
The Consideration Memo summarizes how key themes from stakeholder input have been considered in refining the structure and implementation of the Gateway Infrastructure Fee.
Port Metro Vancouver will contribute ten per cent towards the overall industry component of the GIP projects and will recover the remaining 90 per cent from industry stakeholders through the GIF.
In accordance with Section 51 of the Canada Marine Act, the Vancouver Fraser Port Authority (dba Port Metro Vancouver) Board of Directors has approved a proposed Gateway Infrastructure Fee which is anticipated to take effect on Jamuary 2, 2011. Please see the formal Notice of Proposed New Fee "Gateway Infrastructure Fee"
Letter to Chamber of Shipping and Shipping Federation of Canada confirming Gateway Infrastructure Fee implementation on January 1, 2011.