OC Transpo projecting $3.3M surplus despite revenue slump - Ottawa - CBC News

By Kate Porter, CBC News Ottawa, September 21, 2016

OC Transpo is on track to post an operating surplus this year, despite earning less than it expected from fares, the Canadian Tire Centre and condominium developers.

That's still a big improvement over this time last year, when the city as a whole was projecting a record deficit for 2015, and the city's transit department was responsible for spilling more than a quarter of that red ink.

http://www.cbc.ca/news/canada/ottawa/oc-transpo-surplus-ottawa-budget-1.3772367

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