The TTC is toying with the idea of replacing monthly passes by capping fares after a specific number of rides.<\/p>\n
The move would mean that after a customer takes a certain number of trips in a month, additional rides would be free to the end of that month. <\/p>\n
The recommendation is part of the 2026-2028 Ridership Growth strategy, which looks at ways to boost ridership on public transit in the coming years.<\/p>\n
\u201cFare capping provides customers the same price certainty as a monthly pass without the often-substantial barrier of an up-front cost (currently $156 for an adult monthly pass),\u201d the report reads<\/a>. \u201cCustomers will always receive the best price and will no longer need to worry about overpaying and not using a monthly pass to its full value.\u201d<\/p>\n Three potential fare caps are being considered: 47, 44 or 40 rides. Staff project the first option of 47 rides would see a $10 million drop in revenue but increase ridership by 3.6 million trips. The middle option of 44 rides would see a decrease in revenue of $19 million while boosting ridership by just over 7 million. Fare capping at 40 rides, staff estimate, would lead to $35 million loss while boosting ridership by 16 million.<\/p>\n The report also recommends increasing service in light of changing work from home policies from many<\/a> major<\/a> employers<\/a>, as well as improving service reliability. <\/p>\n A representative from the TTC said the report is currently only a recommendation from staff and still requires board approval. It is set to go before the Strategic Planning Committee on Sept 4. <\/p>\n","protected":false},"excerpt":{"rendered":"The TTC is toying with the idea of replacing monthly passes by capping fares after a specific number…\n","protected":false},"author":2,"featured_media":105280,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[712,45,49,48],"class_list":{"0":"post-105279","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-apple-news","9":"tag-business","10":"tag-ca","11":"tag-canada"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/105279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=105279"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/105279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/105280"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=105279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=105279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=105279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}