The good news is that Toronto’s Bixi system will probably be fine. City hall saw this coming months in advance and laid the groundwork for a takeover. The plan is to transfer responsibility for Bixi Toronto to the Toronto Parking Authority, and use money scrounged from the city’s street-furniture budget to keep the system going until a new private operator can be found.
Bixi in bankruptcy but Bixi Toronto is safe
January 20, 2014 by