The company blamed restrictions and fees recently passed by Toronto city council that make its business model unworkable. One way of looking at it is that Car2Go is just the latest victim of Toronto city council’s encouragement. That was not the stated goal of the city council actions they are referring to. However, there’s a legitimate concern in some permit-only residential areas that street parking is already in short supply. In any event, city council sided — as it virtually always has — with the personal parking Chicken Little brigade.

Source: thestar May 24, 2018 20:08 UTC