City-wide parking levy to fund city services and shape mobility in Canada’s largest city
The City of Toronto is currently exploring a range of revenue tools aimed at addressing the City's significant shortfall over the coming decade. The City commissioned Access Planning to produce a report on the implementation of one revenue tool, a Commercial Parking Levy.
Drawing on our experience in other jurisdictions and our work on the City of Toronto's City-Wide Parking Strategy, we made recommendations on a series of design principles and recommendations for a commercial parking levy.
Working within the parameters provided by City Staff and Council, we based our recommendations on design principles that would promote a strategy that has a proportionate distribution of benefits and impacts, broadly distributes rates and keeps levy bills lower, applies broadly to support fairness, and is easy to implement.
The report has been used to inform the approach of City staff to the implementation and road mapping of a Commercial Parking Levy for 2025.
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Toronto
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City of Toronto
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2024
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