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Transit revenue up 11.2 per cent to $33.9 billion in 2024

Urban transit agencies drove more than three-quarters of the increase, Statistics Canada reports, as the sector continues to recover from the pandemic.

Light rail train stopped along a downtown street
Library photo Light rail train stopped along a downtown street. Does not depict this event. Daniel from Glasgow, United Kingdom / CC BY 2.0. Resized; may be cropped for display. Photo source Photo licence

Total revenue for passenger bus and urban transit companies operating in Canada rose 11.2 per cent year over year to $33.9 billion in 2024, Statistics Canada reported July 22, 2026. Urban transit agencies accounted for more than three-quarters of the increase, at $2.6 billion.1

All segments of the sector continue to recover from the impacts of the COVID-19 pandemic, the agency said, though at different rates. The release does not give revenue figures for individual segments or regions.1

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Sources

  1. Passenger bus and urban transit, 2024 · Statistics Canada