Toronto transit users will see a 10-cent hike in fares starting March 1, the TTC board confirmed by vote on Monday.
The transit board voted unanimously in favour of the fare hike which was a small part of Mayor John Tory's $95-million plan for TTC improvements.
Tory's overall budget plan is currently being reviewed by a committee hearing from the public, then will need to be approved by city council. However, the fare hike only required approval from the TTC board.
As a result of the vote, token prices will increase 10 cents, from $2.70 to $2.80, starting next month. Those opting to pay cash, instead of buying tokens, will still pay $3.
The following fares will also be affected:
- Monthly adult Metropasses will increase from $133.75 to $141.50
- Weekly passes will increase from $39.25 to $40.75
- Metropass Discount Plan adult passes will increase from $122.50 to $129.75
- Metropass Discount Plan student/senior passes will increase from $98 to $102.75
- Monthly student/seniors passes will increase from $108 to $112
- Day passes will increase from $11 to $11.50
Though several fares are increasing, children under 12 will be able to ride for free starting in March.
