MONTREAL — A trial opens Tuesday in a class-action lawsuit accusing the Quebec government of wiping out hundreds of millions of dollars in the value of taxi permits by allowing ride-hailing company Uber to operate and then by abolishing the permit sy
stem.
The lawsuit also alleges that the province's actions — including the creation of a pilot project in 2016 that legalized Uber's operations in Quebec — contributed to the further decline in the value of taxi owners' permits before they were eliminated as part of a 2019 taxi industry reform. But when Uber entered the market, the value of those permits began to drop, as new entrants didn't want to pay the high prices in an industry that was being disrupted.
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