Torontonians, just as a reminder, the cost of taking the TTC is going up again next month.
As of March 1, most TTC fares will be increasing by $0.10. However, the adult cash fare will remain the same at $3.25. This also includes PRESTO pay-as-you-go payment and the cost of monthly passes will also be increased across all fare types.
Th0se who wish to cancel their monthly passes must do so by February 22.
The approved increase will be the ninth price hike since 2009, when a cash fare was $2.75 and monthly Metro pass was $109 (children under 12 had to pay then, $0.70 cash, $0.50 with ticket). The new prices mean customers using their PRESTO card will pay $3.20, while cash fares will stay at $3.25, and the cost of a monthly PRESTO pass will rise by $4.85 for an adult, making it $156.
The monthly metro pass for post-secondary students would increase by $5.70 per month to $117.45. Children 12 years and under still ride for free.
According to staff estimates, the fare hikes across the board would create an extra $31.4 million in passenger revenues. This fare hike comes amidst news the TTC continues to deal with lost revenues from mass fare evasion, which cost the agency over $70 million in 2019 alone.
In addition to the fare hike, the TTC has recently launched an anti-fare evasion public education campaign and said it plans to hire even more fare inspectors.