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The TTC pays Metrolinx a 5.25-percent commission on fare revenue from Presto use. The TTC estimates the total commission paid for 2019 to be $50 million. The Presto contract between the TTC and Metrolinx went into effect in 2012 and expires in 2027, after which the TTC is free to switch to another fare system.
Fare multiples for ticket users. Fares are rounded to the nearest $0.05 for single-ride fares and day passes and $1.00 for monthly passes, after fare multiples are applied. The minimum adult single-ride fare (for travel on GO Transit within one fare zone) is always $4.50; other fares depend on the fare zones travelled.
As of January 1, 2019, TTC monthly passes and the 12-month pass are only available on Presto, following the phase-out of the TTC's own monthly Metropass and the Metropass discount plan (MDP). Since April 3, 2023, the adult cash fare and single-ride Presto tickets has been $3.35 for a single trip.
July 16, 2024 at 5:15 PM. TORONTO (AP) — A major highway, several thoroughfares and a key transit hub were flooded in Canada's largest city on Tuesday after torrential rain hit Toronto, while ...
A variant of the Presto card is the Presto ticket, introduced on 5 April 2019, which is a single-use paper ticket with an embedded chip. The Presto ticket can only be used for the services of the Toronto Transit Commission. [2] [3] In late 2023 and mid-2024, Presto was made available for use in Google Wallet and Apple Wallet, respectively. [4 ...
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The initial cost of leasing a skybox ranged from $150,000 to $225,000 ($315,040 to $472,560 in 2023 dollars [16]) a year in 1989 – plus the cost of tickets for all events. The then unusual financing structure created controversy. First of all, there was no public tender for supplies and equipment.
"The plan here is to offer a much better version of Spotify," he said. "Could be something like $5 above the current premium tier, so probably around a $17 or $18 price point.