Quote:
Originally Posted by Fuzz
It's almost like the fare taxi's charge is what is required to run a barely profitable business...
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We've heard for years that it's six figures for a taxi license in Calgary. It's definitely profitable when they are making that kind of investment. And if it was "barely profitable", they wouldn't be so protective of it. I don't know (and I doubt) it's the everyday drivers making the big bucks, but it's definitely profitable for someone.
As for Uber, I use it a couple times a week to get to work and it's about a buck a minute. For the same ride in a cab, it's probably $1.25 a minute. 10 bucks in an Uber, and about $12.50 in a cab. I have no idea what either of them pay on the backend , and I don't really care. I get better service from Uber for a lower price. Seems like a good deal to me, and I'd pay even more.
Also, an Uber driver has a stake in going the fast way and not dicking around.