What we are doing with the cap is stemming the growth of this industry while recognizing that they are being less efficient. We don't want vehicles driving around empty," said Carleton Grant, the head of the city's licensing and standards division.
It's not going to improve an already bad situation. It's just going to continue to erode the industry," said Earla Phillips, president of the Rideshare Drivers Association of Ontario.
The report found that about 14 of every 100 vehicles in downtown Toronto are driving for ride-share companies. On average, about a third of those vehicles are driving around empty while waiting for another trip request.
The city's report also says the number of licensed ride-share drivers in Toronto has increased by nearly 19,000 since last year.
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