How Much Does a Taxi Cost Per KM

 Due to a constrained worldwide supply that has been made worse by Russia’s invasion of Ukraine, gas prices have increased significantly over the past year in Canada. As the economy starts to recover and the peak travel season begins, prices have also been driven up by growing demands.


taxi cost per km

The financial burden of inflation on Canadians is being exacerbated by rising gasoline costs. Increased fuel costs have a ripple effect on the entire economy, driving up the cost of the majority of goods and lowering consumer confidence.

Arguments that fare increases are unnecessary given the high cost of medallions are exposed to be unworkable and possibly harmful. Furthermore, it is suggested that fare increases promote the accessibility of taxi services and that accessibility issues ought to be taken into account when setting fares.

This blog was originally published on Premier Taxi.

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