Originally known as the British Columbia Electric Railway, a division of BC Hydro, BC Transit was created in 1972 as a method of subsidizing transit throughout the province. In 1978, the province separated the transit authority into a separate agency called the Urban Transit Authority which was later renamed as BC Transit.
BC Transit carries out overall planning and delivery for all of the different municipal transit systems in British Columbia. In 1999, responsibility for the management of transportation in Greater Vancouver (now called Metro Vancouver), including public transit, was taken over by TransLink. In the future, TransLink's jurisdiction is planned to expand into adjacent regions east and north of Metro Vancouver.
Filling in the missing links: when BC Transit Corp. offered to build an elevated train with no driver more then 20 years ago, insurers balked. Then British Columbia passed legislation permitting captives and that was the signal BC Transit's risk manager was looking for.(PROFILE)
May 01, 2011; Summary * Insuring a train in the sky was anathema to most carriers. * Creating a captive helped remove a major stumbling block....