ontario ttc fund

Province considers subsidizing the TTC

The TTC might be set to get some major help from the Ontario Government. The province hasn't helped to fund the operating costs of the Commission since Mike Harris scrapped funding in the 1990s, but the Globe and Mail reports that Kathleen Wynne's Liberals are considering a major policy change that would see TTC costs split between Toronto and Ontario.

"TTC CEO Andy Byford said he and his staff met with senior provincial bureaucrats to discuss restoring operational funding about eight weeks ago and left feeling 'positively optimistic,'" the paper reports. The topic has also been discussed with mayor-elect John Tory, who would look like an absolute hero if something like this came together. As to what a possible cost-sharing model would look like, it's too early to tell, but it wouldn't be 50-50 given the province's deficit.

Still, at this point, any kick-in from the province would be big news. The TTC is already one of the most expensive transit systems in North America to ride, and will become increasingly more so in the absence of funding from upper levels of government.

Photo by Tom Ryaboi


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

Canadians can get gift card in Ticketmaster class action and here's who is eligible

Here's what the new Bank of Canada interest rate cut means

2025 declared 'the year of digging' for $27 billion Ontario Line

Here's why one guy kept making Avatar references at Toronto City Hall meeting

Locals impatient about Toronto venue under repair for ages with no end in sight

Lawsuit filed after deaths of Toronto mother and son on trip to Dominican Republic

Controversial Toronto project will make traffic even worse than initially thought

Ontario Child benefit can get parents almost $1,700 per kid every year