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LTC Lays Groundwork For Future, Approves 2016 Operating Budget
In order to keep up with the London Transit Commission's busiest year last year, the LTC will ask the City for an increased investment from the city during 2016 budget talks. The LTC met Wednesday night and approved its 2016 operating budget, which included a request of a 4.6% increased investment from last year, amounting to $28.3-million. The LTC's 2014 annual report (presented to the Civic Works Committee on Monday) showed there were 24.1-million riders, the highest ridership in its history. Still,...

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