Montreal’s Bixi bike sharing program has been saved for five more years.

Mayor Denis Coderre announced today that the financially troubled program will return.

“Montrealers can take a fair bit of credit for the success of this rescue operation,” Coderre said. “I said ‘show me your love [for Bixi].’ If Bixi were in better shape, we would have had a lot more people sign up.”

"Last March, we promised Montrealers efficient, transparent asset management and balanced operations," Coderre said at a news conference at city hall. "Bixi Montreal reports show the goods they delivered are up to our expectations."