Possible transit fare hike on the way
Posted Sep 13, 2011 7:29 am.
This article is more than 5 years old.
Calgary Transit’s inability to cover costs is proof a fare hike is required, according to a city alderman.
City council referred the matter to the finance committee Monday, but according to Gord Lowe, a $0.25 hike to $3 would help bridge the financial gap.
The Calgary Sun reports the city has mandated 55 per cent of transit’s costs be covered by fares and other fees.
According to a transit spokesperson, that’s only possible by raising fares or slashing discount programs for seniors and low-income residents.
The matter will come before council again next Monday.
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