Friday morning, Metrolinx announced a 50 per cent discount for transit users who transfer between GO Transit, UP Express, and the TTC using a PRESTO card. The provincial government will subsidize the co-fare in the first step towards “regional fare integration”.
The discount comes up to $1.50 per ride, or half of a TTC fare. This equates to savings of around $720 a year for the regular commuter. The cost to subsidize the discount is about $18 million a year for the province.
The discount is not available for those who download monthly passes on their PRESTO cards.
“Our region needs fare integration,” said Phil Verster, President and CEO of Metrolinx, in a statement. “This discount is an important first step in breaking down barriers to fare integration across the network, making it easier and more convenient to take transit.”
Over 50,000 daily trips include transfers between these three transportation lines — GO, UP Express, and the TTC. The new co-fare system will launch in January 2018 following the opening of the Toronto-York Spadina Subway Extension in December. The subway extension is the first TTC line to cross regional boarders, connecting York University and the Vaughan Metropolitan Centre with the Yonge Line 1 subway.
Toronto Mayor John Tory, Ontario Premier Kathleen Wynne, Transportation Minister Steven Del Duca, joined Verster for the announcement.
“Transit will not be more affordable for Toronto residents who ride a mix of the TTC, UP Express, and Go Transit to get around the city,” Tory said. “This agreement also moves us a step closer to make sure that SmartTrack will cost Toronto residents the same as the TTC.”
Joined @Kathleen_Wynne to formally announce the important agreement reached between City & Prov Gov’t on TTC/GO fares. #getTOmoving pic.twitter.com/AZaNejqixU
— John Tory (@JohnTory) October 6, 2017