Ferry to cost $100 million

It’ll cost $100 million to buy a ready-built ferry to run between Port Hardy and Prince Rupert, and the province is ready to help B.C. Ferries with the cost.

In two separate announcements yesterday, B.C. Ferries and the Transportation Ministry outlined purchase and financing plans to replace the Queen of the North, which sank in March on its northern route.

The ferry corporation confirmed it will pay $50.6 million for the Sonia, a two-year-old, 117-metre ship currently in Spain. The additional costs are associated with refurbishments, duties and taxes, and other things like delivery and trials.