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TTC approves 10% fare hike, adult cash fares unchanged

The TTC Board has approved a ten cent fare hike as part of the 2020 budget.
Adult cash fares will not change, but all other rates will go up by a dime effective March 1, 2020.

The monthly pass is also rising by almost $5.

The TTC has also approved the hiring of 50 more transit enforcement officers to crack down on fare evasion, a problem that board member, Councillor Denzil Minnan-Wong, blamed for the hike.

“We are hemorrhaging tens of millions of dollars, conservative estimate $60 million a year in fare evasion,” he said. “If we had the $60 million in revenue, if the cheaters weren’t cheating, there would be no fare increase.”

The ten cent hike is expected to bring in around $31.5 million in revenue.-CINEWS

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CanIndia New Wire Service

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