Toronto bike share program set for record year, ridership may hit 16M by 2030
Global News
Bike Share Toronto, the city's bike rental network, is on pace for a record year in ridership despite operating at a financial loss, a new report indicates.
Bike Share Toronto is on pace for a record year in ridership despite operating at a financial loss, a new report indicates.
Scott Collier, president of the Toronto Parking Authority (TPA), which oversees the public bike rental network, said in the report the program is on track to reach 8.1 million trips this year — the highest annual usage in its history.
“This momentum is underscored by two consecutive record-breaking months in July and August, each surpassing one million rides,” Collier said in the Oct. 1 report, released Wednesday ahead of the Oct. 16 TPA meeting.
“Nearly 200,000 new users have joined this year, illustrating Bike Share Toronto’s role as a fast, affordable, and joyful mobility option for consumers.”
Bike Share Toronto began as Bixi Toronto in 2011, with 1,000 bicycles available from 80 locations primarily in the downtown core.
The TPA took over the program in 2014, giving it its current name, and expanding it into a citywide network currently consisting of 1,042 stations and 10,251 bikes, including 2,319 e-bikes.
Bike share users can access the system by either using the mobile application or by purchasing passes at a physical station; pass options include pay as you go, day trips or annual memberships, which include a certain number of unlimited-minute rides.
Ridership has soared annually over the past five years, the city’s transportation department said in its 2024 Cycling Year in Review report. In 2020, 2.9 million bike share riders were logged. In 2024, that figure sat at 6.9 million.
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