A 5 per cent fare hike proposed by GO Transit was approved at a Metrolinx board of directors meeting on Thursday.
Starting Feb. 1, GO Transit users can expect to pay approximately 5 per cent more for their commutes, depending on the distance travelled.
Those who travel further will have to pay more, based on the tiered system proposed by GO Transit President Greg Percy.
For example, a rider travelling approximately three kilometres from Union Station to Exhibition Station will only see a fare hike of 10 cents. A rider travelling approximately 40 kilometres from Union Station to Mississauga's Meadowvale Station will pay an extra 40 cents.
Single fares for adults will be increased as follows:
- 10 cent increase on the minimum fare of $5.20
- 30 cent increase on fares between $5.21 and $6.50
- 40 cent increase on fares between $6.51 and $8.25
- 50 cent increase on fares greater than $8.25
Discounts offered to students and seniors will remain unchanged. Discounts offered to those who use Presto passes, refillable fare cards that work on several transit systems across Ontario, will also remain unchanged.
The approved plan will bring extra money to go toward more trains during peak hours, express bus trips and new infrastructure.
Our Board has approved a fare increase of approximately 5% for @GOtransit, effective Feb 1, 2015, to meet needs of growing customer base.
— Metrolinx (@Metrolinx) December 11, 2014