Company type | Crown Corporation |
---|---|
Industry | Transportation Tolling |
Founded | 2008 |
Headquarters | Coquitlam, British Columbia, Canada |
Area served | British Columbia |
Key people | Irene Kerr (President and CEO)[1] |
Revenue | C$122 million (2015)[2] |
Total assets | C$3.24 billion (2015)[2] |
Owner | Government of British Columbia |
Number of employees | 40 (2015)[2] |
Website | ticorp |
Transportation Investment Corporation (TI Corp) is a public Canadian crown corporation, established in 2008 under the Transportation Investment Act, to implement the Port Mann/Highway 1 Improvement Project, including construction, operations and maintenance of 37 kilometres (23 mi) of improvements to the TransCanada Highway through Metro Vancouver, as well as development, implementation and management of tolling operations to pay for the project. Starting September 1, 2017, the crown corporation stopped tolling traffic on the bridge, due to a new provincial government.[3] Debt service was transferred to the province of British Columbia at a cost of $135 million per year.[4]