Home » BLOG » Uber asks Toronto to emulate Edmonton’s new ride-sharing bylaw, one month after pulling out of Alberta city

Uber asks Toronto to emulate Edmonton’s new ride-sharing bylaw, one month after pulling out of Alberta city

Edmonton became the first city in Canada to legalize Uber when city council passed a vehicle-for-hire bylaw in January.

TORONTO – Uber Technologies Inc. might have suspended its operations in Edmonton this month, but it is still calling on Toronto city council to emulate the Alberta capital when it votes on new ride-sharing regulations this spring.

Edmonton had become the first city in Canada to legalize Uber when city council passed a vehicle-for-hire bylaw in January. The company applauded the regulations as balanced and fair, while the city’s taxi industry vehemently opposed them.

However, the bylaw included a stipulation that Uber drivers should have proof of proper insurance by March 1. The Alberta government was not able to approve a brand new insurance product in time, forcing Uber to suspend operations.

Despite the company’s troubles in Edmonton – the federal government now expects to approve the insurance coverage by July 1 – it believes the city’s bylaw offers the best model for other cities to follow.

“The Edmonton model – has shown that there’s a method to protect consumer interests, protect public safety, but also permit innovation,” Ian Black, gm of Uber Canada, told reporters in Toronto Tuesday.

Related

About privatefinancetips

x

Check Also

U.S. job growth slows and profits tumble as a strong dollar and cheap oil undercut earnings

WASHINGTON – U.S. economic growth slowed within the fourth quarter, although not as sharply as ...

The REIT sector’s next challenge: CEO succession and board renewal

Getting there C with new chief executives and groups of new directors for that firms ...

Commodities could be headed for ‘buffalo jump’ as investors rush for the exits, Barclays warns

Commodities including oil and copper are in chance of steep declines as recent advances aren’t ...