bennybox

The TTC says there are no short term plans for a fare hike. They credit the higher than expected sales of metropasses. It’s no wonder people are buying more metropasses - the fares/metropass ratio is the lowest its ever been in the metropass’ 26 year history.

There are two main reasons:
* The TTC has been raising single fare, but they’re being overtly cautious of crossing that $100 psychological barrier
* Since July 2006 the Federal Government has offered a 15% tax credit on transit passes

These things won’t last forever, so right now the metropass is as hot a deal as it will ever get! If you take the TTC more than 40 times a month, a metropass saves you money. For 25 years you needed to take at least 52 trips a month for a metropass to make sense.

Now if only you could PM the MP at FS…

The metropass cost is not adjusted for inflation, but I am taking into account the federal tax credit. The Monthly Fare Equivalent is the metropass cost divided by the lowest fare cost (for example, the current fare cost is $21/10 tokens = $2.10 per trip).

Historical prices from Mike’s Transit Stop
Previously: Last February’s TTC Fare Hike