TTC riders, we’re just a few weeks away from a fare increase and here’s what you need to know.
You’re about to start paying a little bit more on your daily commute. According to the TTC, the 10-cent fare increase will come into effect on April 3, 2023, on single cash and PRESTO rides.
Seniors and monthly pass users’ TTC fares will remain ‘as is’ and the Fair Pass Transit Discount Program is set to expand eligibility to 50,000 additional low-income residents.
“Revenue from this fare increase, in addition to the City’s proposed subsidy to the TTC of $958.7 million, will go toward ensuring the system is reliable, safe, and accessible for all Torontonians,” according to the TTC.
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Back in January, then Mayor John Tory announced proposed investments in the 2023 budget that would apparently “keep Toronto safe.”
Along with the increase, the City had proposed more changes such as:
- Prioritization of TTC service on routes in certain communities that have been identified as Neighbourhood Improvement Areas, including those that need more service,
- Hiring 10 extra Streets to Homes outreach workers in order to help “vulnerable people on the transit system,”
- Hiring 50 more TTC Special Constables. The plan with this is that they believe it will increase the focus on safety and security
- Increase the cleaning of streetcars on the busiest routes.
Overall, the City’s subsidy to the TTC in the 2023 budget is now $958.7 million, which is a 5.85% increase. Or if you look at it this way, a $53 million increase, over the 2022 approved budget.
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