Starting April 1, residents of British Columbia will face increases in several costs amid ongoing concerns about the cost of living. A notable rise in the carbon tax from $65 to $80 per tonne, approved by the federal government, marks a significant shift. B.C. Hydro rates will also see a 2.3% hike, though an electricity affordability credit aims to mitigate this for consumers. B.C. Ferries fares are set to rise by an average of 3.2% annually over the next four years, with efforts to offset this through provincial funding and discounts for certain bookings. Additionally, Vancouver Park Board fees and federal alcohol excise taxes on beer, spirits, and wine will increase, the latter capped at 2% until 2026 to ease financial burdens. Other upcoming adjustments include changes to Vancouver's Mobi bike share rates and TransLink fares this summer, signaling a broad spectrum of cost escalations across services essential to British Columbians.
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