[alanctgardner3]

> If Leap schedules things correctly, in part because they are a private company and have incentive to do so

I don't know what you think the TTC does all day, but it's not sit around and say "if only we had competition, we'd make the busses better". It may not be possible to schedule to avoid busses bunching up during peak times, if that's how traffic behaves. The only way to fix it might be to run an excess of under-utilized busses, which cuts into profit margins. Which is something a private company with higher rates might be able to do, but the TTC is limited because service has to be accessible to everyone.

The risk of a private company like this showing up is that it'll decide to focus intensively on the 20% of routes that yield 80% of profit. This bleeds the public transit service of funds needed to run less profitable services at off times that are used by people without 9-5 jobs, or people in less privileged areas. So the rich get better bus service, and no longer subsidize the service for the poor.