The TTC is calling for a 10-cent fare hike in its proposed 2019 budget, which amounts to a three-per-cent increase.
If approved, the fare increase would be on all fare types except adult cash fares, which will remain unchanged at $3.25. Children under 12 years old will continue to ride for free.
The TTC budget comes one day after Mayor John Tory announced that the city would be adding $162 million to this year’s TTC capital budget in order to push up the completion date of the downtown relief line by two years.
The budget still has to be approved by the TTC board before it’s sent to city council for final approval in March.
TTC Chair Jaye Robinson has indicated that she opposes any kind of fare increase.
If approved, this would be the eighth hike in 10 years. The last fare increase was a 10-cent hike in 2017.
That money would cover a variety of transit needs, including new vehicle purchases, transit upgrades, electrical and signal upgrades, as well as constructing new buildings.
The proposed budget will go before the board next week.