TORONTO - Greyhound Canada announced yesterday a series of service reductions to its passenger bus service in Ontario while also confirming that service along the TransCanada highway will be preserved with frequency reductions.

All changes will take effect as of January 17, 2010.

These measures will ensure there is no outright halt to service along the TransCanada Highway pending the outcome of the federal-provincial-territorial Working Group which is due to report in September, 2010.

"Greyhound Canada has indicated for months that it could no longer sustain current financial losses without making adjustments to our existing operations," said Senior Vice President Stuart Kendrick. "The route frequency reductions we are announcing today are designed to relieve some of that financial pressure."

Greyhound Canada emphasized that these service adjustments are effective only on an interim basis subject to the final recommendations of the Working Group.

"The long-term future of Greyhound Canada's cross-country operations will rely upon the outcome of the federal-provincial-territorial Working Group that is due to recommend regulatory and policy changes to Ministers in September 2010," concluded Kendrick.