Jonny5
Senior Member
http://www.cbc.ca/money/story/2009/09/03/greyhound-bus-stoppage.html
"Dire financial situation". I wonder what situation the other companies are in and if more cuts are forthcoming. GO may have to step up to the plate.
The intercity bus company says it is giving 30 days notice to the Manitoba Highway Traffic Board so that passenger tickets sold to date in that province can be honoured.
In Ontario, Greyhound is giving 90 days notice to the Ontario Highway Transport Board, meaning Greyhound service in northwestern Ontario will stop as of Dec. 2.
The company, based in Burlington, Ont., also says it is reviewing its operations in Alberta, Saskatchewan, British Columbia, Yukon and the Northwest Territories.
Stuart Kendrick, senior vice-president of Greyhound Canada, says the company is in a "dire" financial situation, and that government is to blame.
He says "we are no longer in a position to absorb losses that are almost solely attributable to government policies."
"Dire financial situation". I wonder what situation the other companies are in and if more cuts are forthcoming. GO may have to step up to the plate.