A report before the city's finance committee on Sept. 2 forecasts a year-end deficit of $46.7 million for transit services.
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Ottawa’s transit services saw a deficit of $6.6 million in the second quarter of this year, according to a report before the city’s finance committee on Sept. 2. Article content
Among the reasons: delayed implementation of New Ways to Bus, higher Para Transpo service delivery costs and Canada Labour Code change for sick leave costs. The shortfall was partially offset by lower compensation due to vacancies and lower diesel fuel costs, said the report. Article content Article content
Meanwhile, transit revenues were $3.8 million below budget, mainly the result of lower-than-budgeted fare revenue, lower provincial funding resulting from lowe