The Bicycle Friendly Business Awards recognize and thank businesses and organizations in the City of Toronto that support and promote cycling.
Over 939,000 adult cyclists know the pleasures of year-round cycling in the city. Some of the benefits they experience include:
- Saving between $6,000 and $9,000 each year commuting by bicycle instead of by car - more for those who forego the purchase of a new car ($15,000 for the first four years of owning a new, full-sized car), including maintenance, insurance, parking, etc.
- Saving on long-term costs of smog, healthcare, traffic congestion, per capita road expenditures, climate change, and acid rain
- Improving health and well-being