Introduction

Toronto is a bustling city known for its diverse culture, vibrant nightlife, and robust economy. Getting around the city efficiently is crucial - and taxis have always been a popular mode of transportation for both residents and visitors. If you are planning to visit Toronto or frequently use cab services, this article will walk you through the cost structure of taxis in the city.

Basic Fare

In Toronto, taxis operate with a regulated tariff. This means that taxi companies cannot simply charge whatever they wish - but work within a set pricing framework. As of 2022, the basic fare for taxis in Toronto starts at $4.25. This is the minimum amount you will be expected to pay whenever you hire a cab.

Mileage Rate

Apart from the basic fare, there are additional charges for every kilometre travelled. The current mileage rate stands at $0.50 per quarter of a kilometre. Essentially, this translates to $2 per kilometre, excluding the waiting time. Hence, if you plan on a longer journey, bear in mind to account for this rate.

Waiting Time Rate

Taxis in Toronto also charge for waiting times; this generally comes into play if you're stuck in traffic or if the cab waits for you during your errands. The current waiting time rate is $0.50 for every 30 seconds, which ends up being $60 an hour.

Additional Charges

There can be additional charges in certain situations. For example, handling fees for a trunk load is about $2.00. If the taxi is ordered by phone or mobile app, an additional $2.00 fee applies. There are no additional charges, however, for extra passengers or baggage.

Taxi Fare Comparison

With the basic fare, mileage rate and waiting time, the cost of a taxi ride in Toronto can add up quickly. In comparison with other major Canadian cities, taxi fares in Toronto are relatively reasonable. However, different taxi services might offer slightly different rates, so it always pays to do some additional research.

Alternatives to Taxis in Toronto

With the rise of rideshare apps like Uber and Lyft, there are now more alternatives to traditional taxis in Toronto. These services can sometimes offer lower prices, especially at less busy times. However, during peak hours or times of high demand, their ‘surge pricing’ can result in fares much higher than a normal taxi.

Conclusion

The cost of a taxi in Toronto can vary greatly depending on the distance travelled, the time spent in the cab, and additional charges. While taxi travel can be more expensive than other forms of public transportation, for many people the convenience and speed make it the preferred option. Always remember to check the current rates and consider your travel needs and budget when deciding to take a taxi in Toronto.