TTC: Post-war Years
Public transit was one of the essential services identified by Metropolitan Toronto's founders in 1953. On January 1, 1954, the Toronto Transportation Commission was renamed the Toronto Transit Commission and public transit was placed under the jurisdiction of the new Municipality of Metropolitan Toronto. The assets and liabilities of the TTC and four independent bus lines operating in the suburbs were acquired by the Commission. In 1954, the TTC became the sole provider of public transportation services in Metro Toronto.
Read more about this topic: History Of The Toronto Transit Commission
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