Welcome to Sutton Systems Sign in | Help

Toronto Real Estate Blog - GTA News

Real Estate Updates on Market Trends, House Prices, Homes for Sale in the GTA, Mississauga, Toronto, Brampton, Oakville and Burlington. Sutton Realty Blog, Sutton Mortgage, Contact Sutton 416-896-3333, 905-896-3333 Canada Toll Free 1-800-265-1361

News

  • Toronto & GTA Real Estate Market Trends, House Prices, Homes for Sale, Sutton Realty Blog, Sutton Mortgage

Archives

As seen on 680 News website: TTC fares going up in 2014

TORONTO – The Toronto Transit Commission (TTC) has approved a five-cent hike in tokens and $5.25 bump in price of the Metropass effective Jan 1, 2014.

The price of a single adult token will go from from $2.65 to $2.70 and a regular Metropass will spike $5.25 to $133.75.

The cash fare will stay the same.

“I pushed the city manager as hard as I could this year, there was a push initially for me to raise the fares by 10-cents, I resisted that, I don’t think that’s fair on TTC users,” said TTC CEO Andy Byford.

Critics of the fare increase spoke out Wednesday.

“A fare increase has to be equal to some sort of service level increase, it’s not,” explained TTC Commissioner Maria Augimeri.

TTC Chair Karen Stintz addressed the concerns of TTC riders acknowledging their request for better service.

“We will be rolling out new street cars and buses with more capacity to help ease crowding, riders will see an improvement in service out of this budget,” said TTC Chair Karen Stintz.

The TTC anticipates a subsidy level from the city of $428.1-million — a number that falls $6-million short of its projected budget requirements.

“Staff will continue to explore in-year cost containment measures and efficiencies to address this funding gap,” the report stated.

“The TTC remains the least subsidized transit system on a per rider basis in North America.”

Posted: Thursday, November 21, 2013 3:09 PM by Sutton Realty

Comments

No Comments

Anonymous comments are disabled