John Tory announces TTC fare hike

The TTC is planning to hike all non-cash fares by 10 cents starting March 1 in an effort to raise an additional $43 million for service improvements. Mayor John Tory made the announcement this morning at a North York school. As part of the proposed budget which will be voted on later this year, the TTC will make rides for kids under 12 free at a cost of $7.1 million.

Tory says the money raised by the fare hike will be used to restore the all day, everyday bus service that was cut in 2011, add 10-minute or better bus and streetcar service on key routes, add two additional rush hour subway trains, and expand the Blue Night Network.

Chris Bateman is a staff writer at blogTO. Follow him on Twitter at @chrisbateman.

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by Chris Bateman via blogTO