Public transit riders should brace themselves for another fare increase, TTC chair Karen Stintz said Friday night.
“We’ve tried to do everything we can to avoid it,” she said. “But we still have a gap, and unless something changes we’ll need to close the gap through a fare increase.”
In a letter to TTC customers, Stintz suggested a fee increase is on the way if the province doesn’t cover more of the $1.5 billion it costs to run the TTC.
“The current support from the province, while truly welcome, is not enough,” the letter said.
The TTC received $91 million from the province for operations in the 2010-11 fiscal year. That amounts to six per cent of costs, which Stintz said is “inadequate.”
“We’ve tried to do everything we can to avoid it,” she said. “But we still have a gap, and unless something changes we’ll need to close the gap through a fare increase.”
In a letter to TTC customers, Stintz suggested a fee increase is on the way if the province doesn’t cover more of the $1.5 billion it costs to run the TTC.
“The current support from the province, while truly welcome, is not enough,” the letter said.
The TTC received $91 million from the province for operations in the 2010-11 fiscal year. That amounts to six per cent of costs, which Stintz said is “inadequate.”