The past five years have been a bumpy ride for Torontos fledgling cycle-share program. Since its launch in 2011,the system has endured the collapse of its parent company, a failed expansion attempt, and a rebranding.
At one point its finances were so shaky it had to be rescued by a deal that leveraged the value of self-cleaning public toilets.
But last month Bike Share Toronto launched an expansion that will see it more than double in size, a move that experts say is key to ensuring its long-term sustainability….
Read the full article at: https://www.thestar.com/news/gta/2016/07/05/bike-share-toronto-rolls-into-the-big-time-with-major-expansion.html