That was the ferry
Queen of Oak Bay, I had forgotten all about it. I see that it's still in operation https://en.wikipedia.org/wiki/MV_Queen_of_Oak_Bay
but I guess a lot of the smaller boats in the picture are not.
I remember seeing it on the news as one of those accidents I could only shake my head
at, like the Costa Concordia, but I don't live in the area so it drifted from memory.