Tuesday 4 August 2015

How Uber is ending the dirty dealings behind Toronto's cab business

How Uber is ending the dirty dealings behind Toronto's cab business

On the streets of Toronto, there’s a story that’s gone on for way too long – the dirty dealings behind the cab business. But things are changing. Let’s have a look. In September 2012, one of Toronto’s taxi licenses sold for $360,000. As it turned out, this was a peak that presaged a major slide. By 2013, the average selling price of a cab plate had fallen to $153,867. In 2014, it was $118,235.
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