TTC fares to go up 10¢, Tory announces
TTC fares will increase by 10¢ on March 1, but Mayor John Tory says the hike will help pay for service improvements.
Tory announced the fare hike Monday morning, adding it will help fund a $95-million investment package. That plan, which still must be approved as part of the city budget, would see restoration of many bus lines cut during 2011, free rides for children under 12 years old, and reduced wait times on some of the city's busiest routes.
The 10¢ increase will not apply to cash fares.
The fare increase is an about-face for Tory, who pledged to freeze TTC fares during the election campaign. Tory said once he began to take a look at the books, it became apparent a fare freeze wasn't possible if he wanted to invest in the service.
Tory made the announcement flanked by TTC chairman Josh Colle and agency CEO Andy Byford. Byford called the investment "vindication" for transit planners who released a plan last summer calling for upgrades to the service.
Many of the initiatives in that plan are included in this announcement, he said.
http://www.torontosun.com/2015/01/19/mayor-john-tory-makes-major-funding-announcement
TTC fares will increase by 10¢ on March 1, but Mayor John Tory says the hike will help pay for service improvements.
Tory announced the fare hike Monday morning, adding it will help fund a $95-million investment package. That plan, which still must be approved as part of the city budget, would see restoration of many bus lines cut during 2011, free rides for children under 12 years old, and reduced wait times on some of the city's busiest routes.
The 10¢ increase will not apply to cash fares.
The fare increase is an about-face for Tory, who pledged to freeze TTC fares during the election campaign. Tory said once he began to take a look at the books, it became apparent a fare freeze wasn't possible if he wanted to invest in the service.
Tory made the announcement flanked by TTC chairman Josh Colle and agency CEO Andy Byford. Byford called the investment "vindication" for transit planners who released a plan last summer calling for upgrades to the service.
Many of the initiatives in that plan are included in this announcement, he said.
http://www.torontosun.com/2015/01/19/mayor-john-tory-makes-major-funding-announcement
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