Uber will be leaving Quebec, according to reports from CBC.
The ridesharing company threatened to halt operations in Quebec last week after the province announced new regulations that the company had to follow in order to continue its pilot project.
These new regulations included:
In response, Uber called the modified regulations “challenging” and warned the rules could make it difficult for the company to continue business in Quebec.
“The Ministry of Transportation informed us this morning of new and challenging regulations that favour old policies instead of incorporating the benefits of new technology. Our team is still waiting to review the new regulations but based on our current understanding, these changes significantly threaten Uber’s ability to continue operating in Quebec,” said the ridesharing company in a statement on Twitter on September 22.
Uber has been operating in Quebec under the pilot project for nearly a year but there has been a strong pushback from the taxi industry.
Now, the company will reportedly called it quits for good.
CBC reports that an official announcement from Uber will come today at 11 am ET at a news conference in Montreal.
More on this as it develops.