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By Noted (anonymous) | Posted January 06, 2015 at 17:33:33 in reply to Comment 107572
Hamilton is the only GTHA system with adult fare below $3, so our peers aren't making a fare freeze any easier.
In the plus column, gas prices are approaching a five year low, so operating costs should shift accordingly.
In the other column, the collapse of oil prices puts real pressure on a transit funding strategy as described in Ontario's 2014 Budget that intends to leverage fuel tax repeatedly (a larger share of proceeds from the existing provincial gasoline tax, redirecting revenues from the HST charged on gasoline and road diesel, and phased increases to aviation fuel tax all figure prominently).
Hoping for a mature and productive budget discussion that makes things better in this cycle and even better down the road.
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