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TTC Board approves $1.48B budget request from the city

January 8, 2026 10:05 am EST.
Citing $87 million in cost efficiencies, the TTC says it has found a way to freeze fares and implement fare capping. As Alan Carter reports, critics call it creative accounting.

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Live Streaming 24/7

Live now
24/7 Livestream

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

Recommended Videos

1:03
Tow truck driver killed in workplace accident in Brampton

A 49-year-old man is dead after he was injured in what’s being described as a workplace accident in Brampton.

2h ago

0:41
Talks between TTC and union extended until 6 p.m.

Talks between the TTC and the union representing electrical workers have been extended until 6 p.m. Saturday. Wages remain the key sticking point.

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Hot weather on the way for the Greater Toronto Area

Temperatures are expected to reach their hottest point so far this year. CityNews Meteorologist Natasha Ramsahai has the long-range forecast.

18h ago

2:55
Toronto Police Board asks for independent review into claims of antisemitism and racism by former high-ranking officer

The Toronto Police Service Board is requesting an independent investigation into serious claims of antisemitism and racism by a former high-ranking officer. Shauna Hunt reports.

18h ago

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