After a year and a half of discussions with the taxi industry, city council has increased the City’s taxi fare.
The flat rate will now sit at $4.35, a 10 cent hike from before. Every 100 meters will now cost 5 cents more at $0.20 and a taxi’s wait time is up 2 cents at $0.17 per 10 seconds of wait time.
A memo to city council explains that when a taxi is travelling 31 km/hr or lower, a rider is charged for every 10 seconds, but when the taxi is driving over 31 km/hr the taxi meter charges by distance travelled.
This is the first taxi rate increase in 9 years.
The new rates will go into effect in the next few weeks.