TransLink increasing fares by 10 percent on January 1
TransLink riders in Metro Vancouver will soon see the price of a one-zone fare rise by 10 percent—from $2.50 to $2.75.
Two-zone fares are set to climb from $3.75 to $4, and three-zone fares from $5 to $5.50.
The regional transportation authority announced today (November 13) that it will increase cash fares, DayPass prices, monthly FareCard prices, HandyDART fares, and West Coast Express fares on January 1, 2013.
Prices for adult FareSaver tickets, which were last hiked along with FareCard prices in 2010, will not change. (The price of a pack of one-zone concession FareSaver tickets, however, will increase from $17 to $17.50.) TransLink last hiked cash fares in 2008.
The cost of a FareCard will be going up by about 12.5 percent. A one-zone pass will rise from $81 to $91, a two-zone pass from $110 to $124, and a three-zone pass from $151 to $170.
For HandyDART users, one- and two-zone fares will increase from $2.50 to $2.75, three-zone fares from $3.75 to $4, and four-zone fares from $5 to $5.50.
TransLink says fares make up 33 percent of its revenue. Under the South Coast British Columbia Transportation Authority Act, TransLink may increase fares by an annual rate of two percent to keep up with inflation.
The authority had actually sought a 12.5-percent supplementary fare increase for 2013, but that proposal was rejected by TransLink commissioner Martin Crilly in April. FareCard prices are not regulated by the TransLink commission.
TransLink is currently installing fare gates in SkyTrain stations, in preparation for the introduction of the Compass electronic fare card in 2013.