VIDEO: (Nov. 20) Even with TTC fare hikes, the operating budget still falls short. Mark Carcasole reports.
TORONTO – Toronto Transit Commission riders will be paying more for fares beginning New Year’s Day.
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Single adult tokens are up five cents to $2.70 and monthly Metropasses are now $133.75, a $5.25 increase from last year.
Cash fares remain at $3.00.
The TTC says around 70 per cent of its revenue comes from the farebox.
Factoring in these increases, the TTC currently stands 6 million dollars short of reaching their budget.
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