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Home»World»North America»Canada
Canada

Montreal public transit fares set to rise by an average of 3% on July 1

April 27, 2024No Comments3 Mins Read
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Public transit fares in Greater Montreal are set to increase by an average of three per cent on July 1. This increase will affect all users of transit agencies in the Montreal metropolitan community. The variations in fare increases will depend on the transit agency and the type of pass being purchased. Many users are expressing concerns about the hike, with some stating that they already pay a significant amount for transit and will now have to further tighten their budgets. This news comes amidst a political debate surrounding public transit funding in Montreal and Quebec City.

The combined deficits of transit agencies in the Montreal metropolitan area are projected to reach $561 million by 2025, according to L’autorité régionale de transport métropolitain (ARTM). Funding for public transit comes from user fares, municipal subsidies, and government funding. The CAQ government claims to invest more in public transit than any other government in Quebec’s history. Premier François Legault has called for cities and towns to contribute more financially to public transit. Transport Minister Geneviève Guilbault also emphasized the government’s role in supporting public transit but not managing it on a daily basis.

Quebec’s opposition party, Québec Solidaire, has suggested tapping into a $1.7 billion green fund to help boost transit agency revenues. Co-spokesperson Gabriel Nadeau-Dubois urged Premier Legault to consider using these funds to provide a short-term solution to the budget deficits faced by transit agencies. A meeting is scheduled for June between the transport minister, mayors of cities in Greater Montreal, and transit agency operators to explore new ways to increase revenues and reduce deficits. The ongoing debate highlights the challenges of balancing the financial needs of transit agencies with the interests of users and government stakeholders.

Overall, the fare increases set for public transit in Greater Montreal are part of a larger discussion about transit funding and budget deficits. Users are concerned about the impact of these hikes on their already strained budgets. Government officials are grappling with finding solutions to support public transit while also addressing deficits in funding. The upcoming meeting in June will provide an opportunity for stakeholders to collaborate on strategies to boost revenues and improve the financial sustainability of transit agencies in the region. As public transit remains a vital service for many residents in Greater Montreal, finding a balance between fare increases, government funding, and user affordability will be crucial in ensuring continued access to transportation options in the area.

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