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The MTA has consistently run on a deficit, but increased spending in 2000–04 coupled with the economic downturn led to a severe increase in the financial burden that the MTA bore. The budget problems stem from multiple sources. The MTA cannot be supported solely by rider fares and road tolls.
Continued budgetary issues forced the MTA to suspend all capital projects "indefinitely" due to a deficit that could grow to $10 billion by 2022.
Established as the Toronto Transportation Commission in 1921, the TTC owns and operates three rapid transit lines with 70 stations, over 150 bus routes, and 9 streetcar lines. In 2023, the system had a ridership of 736,712,000, or about 2,483,800 per weekday as of the fourth quarter of 2023. The TTC is the most heavily used urban mass transit ...
Subway Chief Cites Fare-Beating In MTA Budget Woes - New York City, NY - Andy Byford said fare evasion is a factor in the MTA's budget problems, drawing fire from the Manhattan DA's...
The pilot program, which was funded to the tune of $15 million as part of Gov. Hochul’s MTA budget, will temporarily make one line per borough free to use starting Sept. 24. The trial is set to ...
Subway Fare Hikes Won't Fix MTA's Budget Woes, Comptroller Says - New York City, NY - The MTA plans to increase subway fares in 2019 and 2021. It'll face a $634 million budget gap in 2022 anyway ...
Fare Hikes Could Come To Metro-North To Address 'Fiscal Cliff': MTA - New Rochelle, NY - Post-COVID impacts including dramatically reduced ridership has led to a deep budget shortfall,...
Metrolinx is a Government of Ontario -owned crown corporation that manages and integrates road and public transport in the Greater Toronto and Hamilton Area (GTHA). It was created as the Greater Toronto Transportation Authority on 22 June 2006 and adopted its present name as a brand name in 2007 and eventually as the legal name in 2009.
Public transportation in the Canadian city of Toronto dates back to 1849 with the creation of a horse-drawn stagecoach company. Today, Toronto's mass transit is primarily made up of a system of subways, buses, and streetcars, covering approximately 1,200 km (750 mi) of routes operated by the Toronto Transit Commission (TTC) and inter-regional ...
According to a joint report from city planners and the University of Toronto Transportation Research Institute released in January 2016, heavy rail would draw about 87,000 daily boardings at a cost up to $7.7 billion while LRT would draw more than 105,000 daily transit boardings at a cost of about $1.3 billion. On January 19, 2016, Mayor John ...