Joy MacPhail, the minister responsible for B.C. Ferries, calls the program a failure, and is putting the three catamarans up for sale.
"The Pacificats were a failed experiment," she says. "They need to be put up for sale immediately."
The ferries were closely associated with former premier Glen Clark.
Clark staunchly defended the ships despite a barrage of complaints from the public, and huge cost overruns.
If the ships do sell, they could go at at rock bottom prices.
The three ships cost almost $460 million to build over the last three years. Now, the accountants say they're worth just $120 million together.
Some critics are wondering if the minister is making the losses worse, by rushing to sell the ships before voters head to the polls.
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