Transportation Investment Corporation

Transportation Investment Corporation
Company typeCrown Corporation
IndustryTransportation
Tolling
Founded2008
HeadquartersCoquitlam, British Columbia, Canada
Area served
British Columbia
Key people
Irene Kerr (President and CEO)[1]
RevenueIncrease C$122 million (2015)[2]
Total assetsIncrease C$3.24 billion (2015)[2]
OwnerGovernment of British Columbia
Number of employees
40 (2015)[2]
Websiteticorp.ca

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]

  1. ^ Mooney, Harrison (August 11, 2017). "Four of five members on board overseeing Port Mann Bridge tolls removed". The Vancouver Sun. Retrieved September 2, 2017.
  2. ^ a b c TI Corp (2015), Transportation Investment Corporation Annual Report 2014/2015, retrieved September 29, 2015
  3. ^ Lindsay, Bethany (August 25, 2017). "Tolls to be eliminated on Port Mann and Golden Ears bridges". CBC News. Retrieved September 3, 2017.
  4. ^ "Tolls to be eliminated on Port Mann and Golden Ears bridges". Retrieved August 25, 2017.