Transit fare-hike dead: Katz
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Hey there, time traveller!
This article was published 08/03/2012 (5202 days ago), so information in it may no longer be current.
The city will not move ahead with a 20-cent bus fare hike this June.
Mayor Sam Katz said that the province confirmed it will not allow the city to devote all the proceeds from the fare hike to rapid transit. Katz said that means the motion to raise bus fares to cover the city’s portion of the second phase of rapid transit is dead.
In order for the bus fare hike to move ahead the province had to amend its current 50-50 transit funding agreement.
A cabinet spokesman said the province has no plans to amend the current agreement to allow funds generated by future fare increases to be dedicated for any purposes other than Winnipeg Transit operations.
Winnipeg’s master transportation plan initially slated the second phase of rapid transit for 2031. It was moved up to 2016.
Katz said Winnipeg will likely need to identify a source of funding for the second rapid transit corridor by the end of 2013 to meet that 2016 target.
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Updated on Thursday, March 8, 2012 11:59 AM CST: Updated