Greyhound Canada to end bus service in Western provinces

Greyhound Canada is ending its passenger bus and freight services in Alberta, Saskatchewan and Manitoba, and cancelling all but one route in B.C. — a U.S.-run service between Vancouver and Seattle.

The changes take effect the end of October, which will make Ontario and Quebec the only regions where the familiar running-dog logo will continue to grace Canadian highways.

“This decision is regretful and we sympathize with the fact that many small towns are going to lose service,” Greyhound Canada senior vice-president Stuart Kendrick said in an interview with The Canadian Press.

“But simply put, the issue that we have seen is the routes in rural parts of Canada — specifically Western Canada — are just not sustainable anymore.”

Kendrick said 415 people will be out of work, and estimates the decision will impact roughly two million consumers.

The company blames a 41 per cent decline in ridership since 2010, persistent competition from subsidized national and inter-regional passenger transportation services, the growth of new low-cost airlines, regulatory constraints and the growth of car ownership.

Declining ridership is the primary culprit, said Kendrick, who called that and increasing costs an “ongoing spiral” that’s making it impossible for the company to continue operations.

He said the company has raised concerns with provincial and federal officials over the years, and wanted to ensure both levels of government were “fully aware” of the situation. Greyhound Canada has long advocated for a community funding model to allow any private carrier to bid on essential rural services, he said.

Game show to pay off student loans

Forget wanting to be a millionaire. A new game show aims to help recent college graduates break even by paying off some or all of the winner’s student loan debt. The Washington Post reports that truTV’s ‘Paid Off’ looks like a traditional game show, but all contestants have outstanding student loans. The network will pay up to 100 percent of the winner’s student loan debt depending on how he or she performs during a speed round. The outstanding balances of student loans in the U.S. rose more than 60% over the last decade, according to the Post. The average student has $37,000 of student loan debt.