up express

UP Express expected to be long-term money loser

The Union Pearson Express may get you from downtown Toronto to the Mississauga-area airport quickly, but it's not exactly the most popular service in the city.

When it debuted, many called the train too expensive - and that was hard to argue with considering a one-way fare used to cost $27.50. And at one point, trains were running at just 10 per cent capacity.

In March, Metrolinx slashed its fare; a ticket is now $12, or $9 if you pay with a Presto Card.

While ridership is up, the Globe and Mail says that the UPX won't be making money for the province any time soon. In fact, it's a loss leader and will continue to require taxpayer money in order to run.

The Globe analyzed a 228-page internal Metrolinx report and writes that the transportation agency initially made UPX fares higher in order to recover its costs. When that didn't work, it lowered them.

However, after eight months, the UPX is about $23.3 million short on its operating costs. The Globe also notes that the service required a $46 taxpayer subsidy per rider.

And even though more people are riding it now, the Globe reports that the UPX will likely continue to have a significant revenue shortfall - about $20 million annually - in the coming years.

Photo by Jason Cook via the blogTO Flickr pool


Join the conversation Load comments

Latest in City

This post about a lost cucumber in Toronto is giving people some much needed laughs

Over 500 TTC buses were trapped in the blizzard and many are still stuck

The Toronto blizzard shut down Uber Eats and caused huge surge prices for rides

Canada Post mail delivery is still completely screwed up from the Toronto snowstorm

Construction project on Lake Ontario looks like a Viking invasion approaching Toronto

Someone took selfies on top of their car as it was sinking into an Ontario river

People are noticing more and more similarities between Doug Ford and Homer Simpson

Doug Ford says to expect a 'good announcement' about Ontario restrictions this week