Greyhound to close:biting:
Sad to see them go. My kids use them on a regular basis while in school. A lot of people depended on them for a means of transportation.
https://news.greyhound.ca/
DECISION RATIONALE
Greyhound Canada implemented a range of cost reduction steps during recent years, including frequency adjustments to route schedules and other efficiency measures.
In 2018, after years of declining ridership and the impact of a changing and increasingly challenging transportation environment, including de-regulation and subsidized competition such as VIA Rail and publicly owned bus systems, the difficult decision was made to suspend service in the western part of Canada. Services continued in Ontario and Quebec.
The pandemic, and required travel restrictions to help keep Canadians safe, brought a further dramatic drop of approximately 95 percent of normal volumes before operations were fully suspended in May 2020.
Our service is reliant on the farebox – we are not able to sustain operations with a significant reduction in ridership and the corresponding revenue loss.
Greyhound Canada has made significant outreach efforts to provincial and federal governments for financial support for the industry. Financial investments from governments for Canada’s inter-city bus sector have been negligible. Operations are not feasible absent of financial support.
