Bixi bike share program up and running

Toronto's new bike share programis officially open for business.

The Bixi bike share service was officially unveiled at an 11 a.m. at Yonge and Gould streets by Coun. Denzil Minnan-Wong, the chair of council's public works and infrastructure committee.

Some 1,000 bicycles are nowready for use at 80 stations around the downtown core.

A map of the bike stations, found within an area bounded by Bloor Street, Bathurst Street, Jarvis Street and the waterfront, can be foundhere.

A resident or visitor will be able to use the bikes for a fee of $95 a year, $40 per month or $5 per day.

For rides up to 30 minutes, there are no additional fees. Rides that take between 30 minutes and 60 minutes will cost an extra $1.50, while rides from 60 to 90 minutes will cost $3.

City staff said that they may expand the program in the future if there is demand.