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Fuel Costs Could Raise GO Fares

Car drivers aren’t the only ones suffering at the pumps. The Globe and Mail is reporting that GO Transit is studying a five cent fare surcharge to cover the costs of high fuel prices. At current prices, the agency estimates that it will exceed its $22 million fuel budget for 2005-2006 by $5 million.

By comparison, the TTC locked in its fuel purchases under a contract signed in 2004, lasting until March 2006. This contract is estimated to have saved the TTC $23 million per year over what it would have cost to purchase fuel at the floating market price.

GO Transit notes that high fuel costs may be having an impact on ridership. The reporter was able to point to a few commuters who have recently left their cars in the driveway. GO Ridership so far this year is 6% higher than the same period last year.

Rathburn, Steeles Diversions Cleared. Finch Remains

Storm damage on Steeles and Rathburn has been cleared up enough to allow normal service to resume, but passengers on Finch Avenue West will have to contend with lengthy diversions for some time to come. This page here warns that the diversions will continue “until further notice”.

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