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7 things that will cost you more in Ottawa in 2024

7 things that will cost you more in Ottawa in 2024

CTV
Thursday, November 9, 2023 5:51 AM GMT

Several fees are going up next year to help pay for the more than $5 billion in spending the city is planning. The city expects to raise nearly $1 billion next year through fees and service charges alone, accounting for 21.5 per cent of anticipated revenue.

The city of Ottawa has tabled its 2024 draft budget, which includes more than $4.6 billion in operating expenses and $1.2 billion in capital spending.

Several fees are going up next year to help pay for the more than $5 billion in spending the city is planning. The city expects to raise nearly $1 billion next year through fees and service charges alone, accounting for 21.5 per cent of anticipated revenue.

Here are seven things that will cost you more in 2024:

Transit fares are set to rise 2.5 per cent starting Jan. 1, 2024. An OC Transpo adult monthly pass will rise by $3.25 per month to $128.75, a $39 per year increase over 2023 fares. Cash fare is going up 10 cents per trip to $3.80 with a Presto card and $3.85 without one. Students on the U-Pass program will pay an extra $6.

You'll pay more for parking in 2024. The maximum on-street parking rate per hour is rising 50 cents to $4.50 next year.

The cost of an on-street parking permit for winter is rising 2.5 per cent to $163 and the cost of an annual residential on-street parking permit will increase $17 to $750 a year.

Read full story on CTV
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