As a Crown corporation, BC Ferries has been subjected to years of political interference in everything from rate setting to vessel construction and spending priorities. seriously inhibited the corporation’s ability to operate in a businesslike manner. however, the ferry corporation’s current structure inhibits access to the outside capital needed to make these investments. The new Coastal Ferry Act is designed to address these problems. Authority. A new, nine-member board with professional and business expertise will be established with representation from B.C.’s coastal regions in order to support the mandate of the new company. will be transformed into an independent, regulated company under the BC Company Act and renamed BC Ferry Services.