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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.
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 2,482,600 per weekday as of the first quarter of 2024. The TTC is the most heavily used urban mass transit ...
Website. prestocard .ca. The Presto card (stylized as PRESTO) is a contactless smart card automated fare collection system used on participating public transit systems in the province of Ontario, Canada, specifically in Greater Toronto, Hamilton, and Ottawa. Presto card readers were implemented on a trial basis from 25 June 2007 to 30 September ...
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.
3 territories. Government. Constitutional monarchy. Canada has ten provinces and three territories that are sub-national administrative divisions under the jurisdiction of the Canadian Constitution. In the 1867 Canadian Confederation, three provinces of British North America — New Brunswick, Nova Scotia, and the Province of Canada (which upon ...
Highway 407 Highway 407 highlighted in red Route information Maintained by Province of Ontario 407 ETR Concession Company Limited Length 151.4 km (94.1 mi) History Proposed 1959–1986, Opened 1997–2001 Extended 2016–2019 [7] [8] Major junctions West end Highway 403 / Queen Elizabeth Way in Burlington Major intersections Highway 403 in Mississauga Highway 401 in Milton Highway 410 in ...
The initial cost of leasing a skybox ranged from $150,000 to $225,000 ($315,040 to $472,560 in 2023 dollars) 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.
Preservation of existing benefits for resident companies in the High-Tech Park, including the cancellation of the profit tax (instead of which a contribution of 1% of the gross revenues proceeding to the administration of the park is applied), reduced to 9% of the personal income tax rate for employees, and the right to contribute to the Social ...
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