Skip to main content

The Globe and Mail

Montreal’s Bixi bike service files for bankruptcy protection

A Bixi bike stand in Old Montreal on May 17, 2011.

CHRISTINNE MUSCHI/The Globe and Mail

Montreal's bike sharing service, Bixi, has gone bust.

Bixi has filed for bankruptcy protection, but Montreal Mayor Denis Coderre said Monday that the service is still expected to operate this summer.

However, Coderre said the City of Montreal can't lend Bixi any more money.

Story continues below advertisement

Montreal has provided $37 million in loans to Bixi and is covering about $11-million in loans for the Public Bike System Company, which runs the bike-sharing service and was created by the city.

"It's not the role of the city to replace private enterprise," Coderre told a news conference.

Coderre said while Bixi is a good idea, he has to protect taxpayers since Montreal has "already done its part."

Bixi was developed in Montreal in 2008 and expanded internationally to countries such as the United States and Australia.

Coderre says Bixi has been trying to sell its international operations to raise money, but has been unsuccessful so far.

It also operates in Toronto and Ottawa, but Toronto Mayor Rob Ford has said the city should get rid of the Bixi program because it loses money.

Bike riders can join Bixi for a yearly fee or pay a casual rate for use.

Story continues below advertisement

Report an error
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.