Posted by Editor on 12/20/06
Toronto Bike Share Program Suspended
Toronto's Bike Share program, which is modelled on similar programs in Europe, has announced that it will close after 6 years. Organizers cited lack of funds and volunteers as the primary reasons for the closure.
Maogosha Pyjor, BikeShare's Project Manager was quoted on CBC Radio this morning, saying she is proud of the accomplishments and sad that it just was not enough to keep the program going.
Pyjor told CBC that membership fees covered about 10 per cent of the group's operating costs, with the remainder coming mostly from corporate sponsorship.
BikeShare has also been recognized locally, nationally and internationally by numerous organizations including Transport Canada, the Green Toronto Award, and the Stockholm Awards for Sustainable Development.
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