Toronto Mayor John Tory proposes $53M funding increase for TTC in 2023 budget
The city said TTC fares will continue to be frozen for seniors and all monthly passes. The Fair Pass Transit Discount Program will also be expanded to make 50,000 more low-income residents eligible.
The city said its subsidy to the TTC in the 2023 budget is $958.7 million — a 5.87 per cent increase over the 2022 approved budget.Tory said investing in the city’s transit system is “one of my top priorities for the next four years.” In a statement, city councillor and budget committee chair Gary Crawford said the investments into “improving transit service and keeping riders safe are much needed and speak directly to the concerns of Torontonians.”
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