Bike Share Toronto’s Missing Millions | Canada News

Bike Share Toronto’s fleet is disappearing fast—with nearly $400K in bikes vanished over three years, sparking debate over the real scale of the theft. Advocates like Daniel Tate point to neighborhood evidence of stolen bikes, while city officials tout record usage and a growing fleet of 11,000 bikes. Yet internal emails reveal a troubling $190K write-off this year alone, raising questions after prior reports hinted at even steeper losses. Though the city insists the loss rate is small, tracking gaps and mysterious reappearances of bikes suggest deeper operational issues. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5b323037f1ea8de4