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George Bell's avatar

The other thing conventional wisdom gets wrong is that we have high fare recovery of operating costs (often 70% is mentioned)...but that hasn't been true since before covid, and it's around 40% now with the fare freezes under Tory and Chow and increased service (but lower ridership).

More money is coming from property taxes. Which is a transfer of costs onto the local population since about 13% of fares came from outside of the city (tourists, commuters, etc)

Jacob's avatar

No one thinks that literally nobody rides the Sheppard Subway. The point is that it is a comparative wasteland. Saying that its ridership is "not bad for a suburban stub that's only six kilometres long" is begging the question. That's the whole point, it was a bad idea to spend so much money on a suburban stub!

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