TTC warns of potential fare hike

TORONTO, Ont. – TTC riders may have to prepare for another fare increase.

That’s the message from TTC Chair Karen Stintz, who said unless the province covers more of the cost to run the transit service, an increase is on the way.

It currently costs about $1.5 billion to run the TTC, and Stintz made the announcement about the potential fare hike in an open letter to TTC customers Friday night.

Her comments come following the news of service reductions on 62 of the busiest bus routes beginning Jan. 8.

TTC fares went up 25 cents in January last year.

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