Saskatchewan Transportation Company (STC) passenger fares will increase by an average of 4.56 per cent beginning January 3, 2013.
The average fare increase per ticket is $1.45 based on an average one-way trip of 188 kilometres (or 117 miles). The increase is intended to generate additional revenue for the company while still keeping fares reasonable for customers.
"The increase reflects the need for STC to recoup some of its increased costs and at the same time, deliver on the company's mandate to serve Saskatchewan," STC CEO Shawn Grice said. "STC fares are affordable and comparable to average rates in western Canada and we believe that people who try our service once are very likely to become repeat riders due to the enjoyment of our travel experience."
STC will also be making a notable change to one of its discount programs. STC will merge its two senior discount programs. Under the new program, all seniors aged 60 and older will receive a 25 per cent discount off of regular fares.
The last STC passenger rate increase occurred April 1, 2012.
