Toronto’s TTC board approves the 2026 budget, keeping fares frozen, capping monthly costs, and offering free rides after 47 trips.

TORONTO — The City of Toronto is proposing several measures to address the high cost of living in its budget for 2026, including a much lower property tax increase compared to previous years and caps ...

The draft budget includes $2.8 billion in spending and $1.4 billion in revenue, meaning Toronto will have to cough up roughly $1.4 billion to plug the gap left by lower funding.