It ran for about two months. They used a normal school bus to provide the service. Elliot Coach Line (School Bus Service) is still providing a shuttle service from Elora-Fergus towards Guelph every morning and the same route starting in Guelph coming back to Centre Wellington in the afternoon (one route each way).
There is hope that the service will be back, but right now the local service is stopped until further notice.
If you are coming specifically to see the Transit system, don't even bother, it's not yet worth it! Maybe in few months... or years...