The TTC is raising fares across the board as it tries to balance threats to quality of service with rising levels of ridership. As of April 1, transit riders will pay 10 cents more for tickets and tokens, and the cost of a cash fare will increase 25 cents to $2.75. And seniors, students and children will also all pay more. The cost of a Metropass will rise by $1, a weekly pass will remain the same.
For those whose memories are short, let me quote from the Toronto Star on January 21, 2006:
Toronto transit riders may see no benefit from Stephen Harper's promise to provide a tax credit designed to save Metropass holders $189.60 a year, says the vice-chair of the Toronto Transit Commission. That's because the TTC may raise the Metropass by the same amount, Councillor Joe Mihevc said yesterday.
The TTC will be looking more closely at the situation if Harper's Conservatives win office on Monday. "If we at the TTC — who are in a big budget squeeze — suddenly find out a few days from now that passengers are going to be getting a discount on their income tax, there will actually be upward pressure on increasing fares," he said.
No word yet on whether the price of beer and popcorn will also be rising to offset any tax credits to Canadian families with small children.