[4] The City decided to cover the loan by diverting money from an automated public-toilets program.

Later, each company developed its own full system of hardware and software, no longer supporting integration of components with other vendors.

[16] In June 2020, it was announced that the system would expand substantially, with 1,850 new bicycles and 160 stations outside the downtown core, such as in North York and Scarborough.

[25] TPA also noted a large increase in the number of riders following the installation of bike lanes on Bloor Street.

[25] Toronto Bike Share began piloting a 45-minute membership, as well as developing a growth plan for future system expansion.

[26] In 2022, TPA announced that work on a 4-year growth plan had begun, with objectives such as increasing the number of stations to 1,000, the number of bikes to 10,000 (including 2500 e-bikes), expanding the spread of the system across all 25 wards of Toronto, and improving first and last mile connections and increase equitable access to the system.

Both tiers only provide unlimited trips on classic bicycles, but halves the rates of e-bikes to $0.10/min.

These fees are priced at the normal rates the riders pay for classic and e-bike usage.

Ontario Disability Support Program recipients may qualify for annual memberships, where the e-bike per-minute fee is reduced to 0.

They are equipped with internal hub gears, drum brakes, fenders, chain guard, generator lights, and a front rack.

[41] In 2020, the TPA signed a 3-year deal with Bell Media (Astral) for advertising rights at stations.

[26] The TPA also stated that they were investigating the potential of a systemwide corporate sponsor, similar to other systems like Santander Cycles in London.

[26] In May 2023, it was announced that Tangerine Bank had signed a five year sponsorship agreement with Bike Share Toronto.

This would help fund initiatives included in a 4-year growth plan, with Tangerine Bank customers receiving rewards for using the system.

[45] Afterwards, Bike Share Toronto signed a multi-year sponsorship agreement with CAA in order to cover future Free Ride Wednesdays.