With a fare hike possible as early as the New Year, the TTC is being accused of blaming its best customers for its poor financial picture.
Transit officials are already looking at potential increases that could go into effect as soon as Jan. 1, according to Peter Milczyn, one of 11 councillors serving on the Toronto Transit Commission.
Although no decision has been made, he suggested the TTC could wring more revenue out of its popular Metropass.
A TTC report before the commission today says that most of a $17.4 million shortfall in the operating revenue is due to the popularity of the all-you-can-ride monthly pass, earning an average of $1.77 per ride, compared with a projected $1.80.
Source: Thestar.com
This is bullshit. The transit hike has become as predictable as the increase we see from Canada Post every year.
Please write to Adam Giambrone and tell him a fare hike is unacceptable.
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