Mr. Praveen Arichandran reports

ARGO AND TOWN OF CALEDON ANNOUNCE FALL SMART ROUTING™ LAUNCH

Argo Corp. has joined the town of Caledon leadership to announce Argo's Smart Routing service, which is expected to launch in fall 2026.

Caledon mayor, councillors and staff with Argo management

Argo and town leadership gathered at Caledon Town Hall to share further details of the new transit system, which is expected to serve Caledon East, Bolton and Mayfield West/Southfields, with connections to GO Transit, Brampton Transit and York Region Transit. As previously announced on June 8, 2026, the 15-month service agreement with the town provides an aggregate fee to Argo of approximately $4.5-million for the initial term, excluding additional potential fare revenue retained by Argo. The town has the ability to extend the agreement for additional periods, including a potential 12-month extension that has been authorized by town council, subject to applicable municipal approvals.

"Caledon continues to explore innovative solutions to improve how residents move throughout our community," said Mayor Annette Groves. "This pilot reflects our commitment to delivering accessible, efficient and sustainable transit options while embracing new technologies that have the potential to improve service for our residents."

"The town's leadership in exploring new approaches to public transit will improve accessibility, increase efficiency and provide residents with a more convenient way to travel. We look forward to working with the town to help shape the next generation of community transit," said Praveen Arichandran, chief executive officer and co-founder of Argo. "The Caledon launch expands Argo's Smart Routing infrastructure and service to a third municipality, enabling better connectivity for riders and enhanced efficiency across the Argo network."

The launch in Caledon supports the company's focus on expanding its Smart Routing infrastructure, as it continues to pursue business development opportunities with municipalities.

About Argo Corp.

Argo delivers the first-ever vertically and publicly integrated city transit system, designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility.

About Caledon

Caledon is home to close to 80,000 residents and 4,000 businesses, and is well-known for its natural attractions, rural charm and vital role in the economic engine of the Greater Toronto Area. It will soon be one of Ontario's fastest-growing communities as it prepares to become a city of 300,000 residents and 125,000 jobs by 2051. Under its current strategic plan, Caledon's priorities remain environmental leadership, community vitality and livability, enhanced transportation and mobility, and service excellence and accountability.

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