GO Transit Considering Fare Increase

By Bizclik Editor


Riders in Ontario who utilize GO Transit’s public transportation may be paying more for their fares in the near feature. In an annual overview of its business plan process, Metrolinx management has recommended a fare increase on GO Transit’s one-ride fares.

Utilizing a rate increase based on ride distance, Metrolinx is suggesting the following fare hikes:

  • for existing fares between $4.20 and $5.50, the increase would be $0.30;
  • for existing fares between $5.51 and $7.00, the increase would be $0.35; 
  • for existing fares over $7.01, the increase would be $0.40

Metrolinx explained that its recommendation of fare increases is a suggestion that, if applied, will allow GO Transit to continue its growth in ridership. Metrolinx is hoping to implement the fare change on February 18th, 2012.

Although the fare increase seems to be rather minimal, at the most 40 cents, over time, the increase could really add up for the day to day traveler. Although Metrolinx does not want to change its loyalty discount program, the 17 – 35 per cent discount will not counteract the rate change.


Click here to read the latest edition of Business Review Canada

A rise in fare of this amount could really add up. Metrolinx states the fare increase is estimated to create approximately $1.6 million a month to GO Transit, a figure of $19.5 million annually. Although more revenue is good for the transportation business in general, what will the rate increase bring to its ridership?


Featured Articles

Top 10 easiest countries in the world to do business

Business Chief takes a look at the top 10 places in the world to do business, according to TMF Group's Global Business Complexity Index (GBCI) for 2023

Patagonia Chair Charles Conn on becoming an imperfectionist

Entrepreneur and Patagonia Chair Charles Conn talks to Business Chief about rethinking strategy amid uncertainty, and why an imperfectionist approach works

Top 10 most valuable brands in the world – Amazon to TikTok

Business Chief takes a look at the top 10 most valuable brands in the world, according to Brand Finance, which puts 5,000 major companies to the test

Four priorities for new Twitter CEO Linda Yaccarino

Leadership & Strategy

Top 10 shifts transforming organisations – McKinsey & Co

Leadership & Strategy

Top 10 fastest-growing jobs in the world according to WEF

Technology & AI