Staff are expecting 80.1M passenger trips this year, which is 24.4M fewer passenger trips than the 104.5M target established before the strike. Reasons for the ridership dip include the strike (estimated to cost 17.5 passenger trips) and the slowing economy. It won't be cheap, according to the report:
Those 24.3 million [stet] fewer trips translate into a $31.4-million loss of revenue, on top of what has already been lost through the free week and free weekends offered in February and the discounts for March passes.
The revenue loss could reach as high as $38 million, if the city decides to postpone a proposed 7.5 per cent fare increase scheduled for April until June.