Survey ranks Calgary on top for Canada
While Calgarians can relish the fact that the city is at the top of income averages in the country, most aren’t very happy that a lot of that hard-earned cash is spent on the country’s highest parking rates.
Collier International released their seventh annual North American Parking Rate survey which showed the parking costs across Canada rose 7.4 per cent in the past year and that Cowtown topped the list, beating out more populated counterparts Vancouver, Montreal and Toronto.
According to the study’s results, Calgarians who park downtown are paying on average $20 a day or $350 a month, followed by Toronto at $50 less paying $301.85, Montreal at $262.09 and Vancouver at $209.05.
Calgary parking authority general manager Dale Fraser said the report is not surprising considering Calgarians also have the highest income across the country.
“I think the parking rates in Calgary show how well the city is doing and what a vibrant city it is. We have the highest gross national product (GNP) across the country, the highest personal income and the highest growth,” Fraser sold Metro.
But he said despite the parking rates being a sign of prosperity in the city, the city is still trying to ease the cost of parking on users.
“We’re very mindful of the fact that parking is so high and we want it to be affordable for Calgarians to use so we’re trying to ease the costs and make ways to have more parking.”
Fraser said the city installed and started using a new smart parking system last week, which allows users to use their cellphones to pay for parking. If they don't use all the time they pay for, they can get money back for the time they don’t use.
In September, the city will also be giving out 25 per cent discounts in parking rates for people who drive smaller cars such as Metro’s mini car, smart cars and motorcycles, for example.
“It’s a way for us to give back to Calgarians who need less space to park. We’re going to be freeing up at least 200 more parking spots in the city by removing metres which proves to be very cost effective for us,” he said.
Meanwhile, Colliers International predicts parking rates across Canada will continue to increase in the next year.
watch your parking meters