Sunday, November 23, 2008

STM confirms the rising price of MBF


Made public yesterday, the 2009 budget of 1.03 billion from the Montreal Transit Corporation (STM) contains the rates increases planned. STM did she choose? The lack of public financing and its financial commitments due to its debt are increasingly heavy.

The output of this budget came to echo the words of Mayor Gérald Tremblay made Wednesday at a symposium on the Metropolitan Community of Montreal: the lack of money for collective transport of quality, fit the needs of users and its ambitions economic. Quebec and Ottawa are once more called to the rescue.


The direction of the STM, which anticipates a shortfall of 38 million in 2009, still hopes that the new fares will support the increase in ridership. "

As expected, the CAM will cost $ 2.25 more expensive on 1 January, $ 68.50. The MBF rate will be reduced to $ 37, up $ 1. The cash payment remains the same: $ 2.75 for travel and $ 1.75 for the reduced price. The purchase of 6 tickets will cost $ 0.75 more expensive, at $ 12.75, but the STM introduces the possibility of paying $ 20 for 10 tickets placed on the map OPUS, or $ 2 per ticket.

Two good news, however: free weekends for children under 12 accompanied by an adult, as advisers had claimed the opposition last year following the example Laval And the freezing of rates tourist maps a day ($ 9) and three days ($ 17).

Higher rates do not regulate "the urgency of securing new sources of funding." The company said that improving transport services to increase traffic to its network, indexing salaries by 2%, investing to ensure the reliability of equipment and assume the rising cost of energy, all this is that it needs funding "stable and recurring."

The city, increasing its contributions year after year, is a "faithful ally", but the same terms are not applied to the governments of Quebec and Ottawa. STM hopes to "play their role" in 2009.

As to boost attendance transport, it takes investment. STM is estimated that by the end of the year, it has provided 15 million trips than in 2007, an increase of 4%. The arrival next year of new buses, 58 articulated improve the service of the 26 most popular lines.

The expenditures in 2009 were up 90.6 million. If one excludes the indexation of wages and rising fuel, nearly 70 million of this sum will be spent on improving services. If the STM wants to increase by 16% its level of services before the end of 2011, she knows that it would take investment of two billion over the next three years. Without additional assistance from governments superiors, such investments will have an impact on debt service net of the STM.

Meanwhile, the head of Project Montreal, Richard Bergeron, recalled that before the arrival of Gérald Tremblay at City Hall in 2001, the Fund had sold $ 48.50. "Since taking office, the Tremblay administration imposed a higher cost of transportation of $ 240 per year for a single person," said Bergeron.

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