The Toronto Transit Commission has approved a 10-cent fare hike to take effect on Jan. 1.
The increase is expected to generate roughly $30 million a year, TTC chair Karen Stintz said during an appearance on CP24's LeDrew Live Wednesday night.
No service changes will be made in January, and a plan is currently being formulated to keep service on the system's busiest routes starting in February, Stintz said.
Riders currently pay $3 for a one-way trip.
Cash fares will remain at $3 for adults and $2 for students and seniors, but the price of tokens and day, weekly and monthly passes will increase.
