The Montreal bike rental system beginning its expansion into Toronto is practically broke. Supporters say the firm is merely a victim of its own success, but the fact remains that Bixi, the Public Bike Company has had to lay off 70 employees and ask the City of Montreal for a $107 million bailout. The linked story is from CTV. Be sure you check the rather acidic comments from Montreal readers. Cash crisis at Bixi bike rentals
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The Montreal bike rental system beginning its expansion into Toronto is practically broke. Supporters say the firm is merely a victim of its own success, but the fact remains that Bixi, the Public Bike Company has had to lay off 70 employees and ask the City of Montreal for a $107 million bailout. The linked story is from CTV. Be sure you check the rather acidic comments from Montreal readers. 