‘Going to kill a lot of jobs’: Toronto taxi companies speak out against proposed zero-emissions legislation

On Sept. 21, the Toronto City Council debated a proposal that would require most vehicles-for-hire to use zero-emissions vehicles by 2031, with a one-year grace period implemented for drivers phasing out hybrid vehicles.

Abdul Mohamoud, CEO of Co-op Cabs, a Toronto-based taxi company, says that while this legislation may “sound great,” it has the potential “to kill a lot of jobs.” Mohamoud believes the policy is especially likely to hurt drivers working for rideshare companies like Uber, which employs over 100,000 drivers across the country. Uber drivers in the Greater Toronto Area – specifically Toronto, Mississauga, Oakville, and Brampton – are already required to drive a vehicle less than seven years old, a restriction which limits low-income drivers from earning money on the app.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (19,590.74, up 154.76): Toronto-Dominion Bank (The). (TSX:TD). Finance. Up 73 cents, or 0.90 per cent, to $81.96 on 11.5 million shares.
Source: SooToday - 🏆 8. / 85 Read more »