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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.
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.
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 ...
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.
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The Toronto Transit Commission (TTC) uses buses and other vehicles for public transportation. In 2018, the TTC bus system had 159 bus routes carrying over 264 million riders over 6,686 kilometres (4,154 mi) of routes with buses travelling 143 million kilometres (89 million mi) in the year. [ 4] As of 2021, the TTC has 192 bus routes in ...
The average rate for shorter 15-year terms is 6.14% for purchase and 6.17% for refinance, down 19 basis points from 6.33% for purchase and down 13 basis points from 6.30% for refinance this time ...