Metro Vancouver transit users face fare increase
Catching a ride on public transit will soon cost more in Metro Vancouver.
TransLink has approved a fare hike, despite recently receiving a nearly half-billion dollar bailout from the province.
The cost of a one-zone trip is set to rise by five cents for all riders come July 1.
TransLink's board of directors voted in favour on the increase Wednesday, as recommended by staff.
Now that the fare hike has been green lit, daily and monthly passes, West Coast Express and multi-zone fares will cost an additional five to 10 cents per trip.
The vote came exactly two weeks after the province gave TransLink a $479 million in funding to help stabilize operations.
At the time, officials said the investment would help keep fares stable and fund projects like the SkyTrain extensions to the University of British Columbia and Langley.
When asked to explain the need for fare increases in light of the recent funding injection, TransLink CFO Christine Dacre said the provincial aid included the assumption that the transit authority planned to raise fared by 2.3 per cent in 2023.
“The funding helped us avoid having to implement much higher fare increases and keep our fares affordable,” Dacre told CTV News.
With files from CTV News Vancouver’s Ian Holliday and Angela Jung
CTVNews.ca Top Stories
BREAKING Honda to get up to $5B in govt help for EV battery, assembly plants
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money.
BREAKING New York appeals court overturns Harvey Weinstein's 2020 rape conviction from landmark #MeToo trial
New York’s highest court on Thursday overturned Harvey Weinstein’s 2020 rape conviction, finding the judge at the landmark #MeToo trial prejudiced the ex-movie mogul with improper rulings, including a decision to let women testify about allegations that weren’t part of the case.
Residents of northern Alberta First Nation told to shelter in place
Residents of John D'Or Prairie, a community on the Little Red River Cree Nation in northern Alberta, were told to take shelter Thursday morning during a police operation.
Secret $70M Lotto Max winners break their silence
During a special winner celebration near their hometown, Doug and Enid shared the story of how they discovered they were holding a Lotto Max ticket worth $70 million and how they kept this huge secret for so long.
Remains from a mother-daughter cold case were found nearly 24 years later, after a deathbed confession from the suspect
A West Virginia father is getting some sense of closure after authorities found the remains of his young daughter and her mother following a deathbed confession from the man believed to have fatally shot them nearly two decades ago.
Monthly earnings rise, payroll employment falls: jobs report
The number of vacant jobs in Canada increased in February, while monthly payroll employment decreased in food services, manufacturing, and retail trade, among other sectors.
First in Canada procedure performed at London, Ont. hospital
A London man has become the first person in Canada to receive a robotic assisted surgery on his spine. Dave Myeh suffered from debilitating, chronic back pain that led to sciatica in his right now and extreme pain in his lower back.
Doctors say capital gains tax changes will jeopardize their retirement. Is that true?
The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
Something in the water? Canadian family latest to spot elusive 'Loch Ness Monster'
For centuries, people have wondered what, if anything, might be lurking beneath the surface of Loch Ness in Scotland. When Canadian couple Parry Malm and Shannon Wiseman visited the Scottish highlands earlier this month with their two children, they didn’t expect to become part of the mystery.