TORONTO – The Toronto Transit Commission (TTC) will consider a report next week at its board meeting to possibly introduce a time-based transfer system.
The TTC currently offers continuous-trip transfers which allows commuters to travel between streetcars, buses, or subways, but must pay again if they step off the system.
The time-based transfer would allow anyone to hop on and off public transit vehicles multiple times within a specified period such as 90 minutes or two hours.
The report states the new system would cost an estimated $20 million a year in lost revenue for a 120 minute transfer and $12 million for a 90 minute transfer.
The losses would be offset once the PRESTO Farecard system is finally rolled out.
The TTC is currently running a time-based transfer pilot project on the 512 St. Clair streetcar which it plans to end in 2015 if the proposal is not adopted.
Time-based transfers already operate in a number of public transportation systems across North America.
- Mother’s Day Miracle: Rare medical intervention saves high-risk pregnancy for Ontario woman
- Mayor says Ottawa will reverse course on Israel national day event after cancellation
- TSX edges off recent record after blowout jobs report, U.S. stock markets mixed
- Teenage boy arrested after stabbing on Pickering, Ont. bus
Comments