Funding

How will mayoral candidates invest in the TTC?

In 2023 the TTC faced a $366 million budget shortfall. Without funding from the Federal and Provincial governments former Mayor Tory cut 30+ routes across the city. In 2024 the TTC faces an operating budget shortfall of up to $600 million which could lead to further cuts. A commercial parking levy on big malls and commercial landlords could raise between $191-575 million per year.

We asked Mayoral candidates: Will you vote to implement an effective, equitable commercial parking levy as a dedicated new funding source for TTC operations?

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