Posted Mar 15, 2017, 3:21 PM
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Metrolinx using Presto fees to gouge 905, councillors say
(Toronto Star, Ben Spurr, Mar 14 2017)
Some councillors in the 905 region are fuming about a potential new deal for the Presto fare card system and are accusing the provincial transit agency of gouging smaller municipalities while giving Toronto a sweetheart deal.
For the past year 905 municipalities have been in negotiations with Metrolinx over a new operating agreement for Presto, the provincially owned fare card system used by transit systems across the region.
A deal has yet to be reached, but a report that went before the regional council of Durham Region last Wednesday revealed tentative terms of a potential 10-year deal.
According to the report, by 2021 the seven transit agencies in the 905 could have to pay a commission to Metrolinx equal to up to 9 per cent of fare revenue they collect through Presto. The municipalities currently pay a commission of 2 per cent, which Metrolinx uses to pay the operating costs of the fare card regime.
Under the terms of a deal the TTC inked with Metrolinx in 2012, the Toronto agency pays a commission of 4.65 per cent.
Read it in full here.
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