COVID-19 pandemic.At its annual general meeting Thursday, TransLink said daily ridership fell to about 223,000 people in April, and more than doubled to about 472,000 people by May.
That’s still only about a third of its pre-COVID daily ridership average of 1.5 million.The steep decline in ridership has translated into major losses.
TransLink said if Phase 3 of the province’s pandemic reopening plan were to start soon, it stands to lose about $500 million this year.In a worst-case scenario, with a second wave of the virus, it said the losses could amount to $1.4 billion.TransLink CEO Kevin Desmond said he still doesn’t know where funding to fill that gap would come from. “We are working with the province, we’ve been working with the.
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