The TTC will consider a proposal next month that would do away with the current monthly pass and replace it with a system known as fare capping.

Under the proposal, the $156 monthly unlimited-ride pass would be scrapped and in its place, a system that would make rides free after reaching a monthly threshold would be introduced.

The report suggests three options for fare capping: 47 rides, 44 rides or 40 rides per month.

Under the first option, the TTC expects to lose $10 million in revenue but anticipates gaining 3.6 million more riders. Fare capping after 44 rides would see a $19 million loss but a gain of more than seven million rides, while the 40 ride fare capping option would result in a $35 million loss but see a gain of almost 17 million more riders.

At present, a TTC rider woul

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