FAO TO RELEASE FINANCIAL REVIEW OF ONTARIO’S PUBLIC TRANSIT AGENCIES
TORONTO, September 10, 2024 – On Thursday, September 12, 2024, the Financial Accountability Office of Ontario (FAO) will release a report that examines Ontario’s municipal and provincial transit agencies’ ridership and finances, including their own-source revenues, operating expenses and operating subsidies.
The report will be posted on the FAO website http://www.fao-on.org at 8:30 a.m.
Interested media are invited to attend a media briefing at 10:00 a.m. virtually on Microsoft Teams. Please contact Sophia Zhu at SZhu@fao-on.org or 416 931 5498 for log-in and password information.
Following the briefing, Ontario’s Financial Accountability Officer, Jeffrey Novak, will be available to respond to media questions.
About the FAO
Under the Financial Accountability Officer Act, 2013, the Financial Accountability Office of Ontario (FAO) provides independent analysis on the state of the Province’s finances, trends in the provincial economy, and related matters important to the Legislative Assembly of Ontario. Visit our website and follow us on X and LinkedIn.
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For further information, please contact:
Sophia Zhu l 416 931 5498 l SZhu@fao-on.org l fao-on.org