Winnipeg Transit’s projected surplus is growing.
A financial report to the end of November shows transit is set for a $12.8 million surplus. That’s up from $7.9 million forecasted in the last quarter.
Transit says ridership continues to stay strong despite a 25 cent fare hike.
As a result of this hike, city council froze fares for 2019.
The same report says the city is also anticipating a $14.2 million surplus.
