And being a private corporation, if their money is taken they could shut down Translink and go out out of business. As long as it has private ownership, they can cancel all transit services anytime they want if the money is cancelled.
No government legislation can stop a private business from shutting down. Transit will only be free by raising everybody's taxes to take more of everybody's money, as I said through higher sales taxes and/or higher income taxes for all people.
That is a reflection of your lifestyle. It will never happen. Life is a lot better owning a vehicle. Married families with careers owning 2 vehicles. Between work, shopping, needing to get around town due to obligations outside of work, transit is not an option. Try arguing that everyone must use transit when you are raising 3 or 4 children.