Toronto could soon introduce a cap on the number of licences issued to drivers who work for ride-hailing services, including Uber and Lyft.
In a report released Tuesday, city staff recommended that council amend the current vehicle-for-hire bylaw to cap the number of private transportation company (PTC) licences, including those issued to Uber and Lyft drivers, at 80,429, the number of approved licences as of Dec. 1, 2024.
The cap, which aims to “limit further growth in the number of licensed PTC drivers,” may be exceeded for those who operate zero emission and wheelchair accessible vehicles, the report added.
Those who are exempt from the cap would not be allowed to register or operate any “non-exempted vehicles,” according to the report.
“The objective of the cap is to mitigate the risk of worsening traffic congestion, increased emissions and impact to public transit use by ceasing further growth in the number of PTC drivers, while balancing …