The Canadian Investment Regulatory Organization (CIRO) recently announced news regarding the trade resumption of GO Transit Rail services in the Greater Toronto and Hamilton area (GTHA). After being suspended for almost two months due to the COVID-19 pandemic, the resumed operations of the rail service will be beneficial for commuters and cargo vehicles.
The GO Transit Rail services were suspended on March 17 due to the government-mandated stay-at-home orders due to the COVID-19 pandemic. The suspension affected thousands of commuters in the GTHA area and has caused significant disruptions to their daily activities. The CIRO’s announcement of the trade resumption has been met with much relief from the local population.
The CIRO’s announcement includes several modifications to the original service to ensure the safety of the commuters. All passengers are required to wear a face covering while travelling, and follow other safety protocols being implemented by the CIRO. In addition, to reduce the risk of infections, the CIRO has implemented a contactless ticketing system that will allow commuters to purchase tickets via their own devices.
The CIRO’s resumption of the GO Transit Rail service will also help with cargo delivery in the GTHA area. The rail service has a daily capacity of carrying 70-75 million tons of goods, with the largest containers being 40500 litres. With the revival of the service, the cargo, which mainly consists of food and medical supplies, will reach the area faster. It is expected to bring much-needed relief for local businesses during the pandemic.
Overall, the resumption of GO Transit Rail services is a welcome announcement from the Canadian Investment Regulatory Organization. With the new safety protocols in place and the expansion of the services to support cargo delivery, it is certain that the GTHA area can look forward to a more efficient operational system.
