For bus riders, is seems like an annual occurrence — bus fares going up at the beginning of the year. But Mayor Brian Bowman has tabled a motion to hold off on increasing Winnipeg Transit fares, at least for 2019.
City Council’s Executive Policy Committee voted Wednesday enact a fare freeze in new year, thanks to an expected $7.9-million surplus in transit operations this year.
The city said the surplus was largely due to the 25 cent hike in bus fares in 2018, which was intended to make up for a provincial transit-funding freeze.
Get weekly money news
Transit expected ridership to decline because of the rate increase, but it remained steady.
WATCH: Winnipeg mayor fixed on freezing 2019 bus fares
“Council made the very difficult decision last year to raise transit fares to help cover a projected revenue shortfall in transit, a department that is now projecting a year-end surplus in the millions and that’s in the midst of conducting a comprehensive operational review,” Mayor Bowman said.
“For transit riders, even an inflationary adjustment in this context is incomprehensible and equally unnecessary.”
The fare freeze remains subject to council approval. A full adult fare is currently $2.95.
Comments