A tax on parking could raise more than $500 million for Toronto. The city’s unprecedented money crunch has given the idea new traction

The answer to Toronto's money woes could be hiding in its parking lots. Several downtown city councillors this week threw their weight behind an old solution to Toronto's budget crunch: a commercial parking levy — or a tax on the city's...

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Tezaku
Tezaku
294 · 13 days ago · Reddit

“We want to incentivize people however we can to come back down, to come back to the office, come back to the stores and restaurants.”

Disappointing to see this take. The city should not rely on the office worker for its finances - It honestly sucks that some people are forced to spend the $6 - 20 on transit, the $15+ on lunch all so that they "stimulate the downtown economy"

Downtown should be attractive in its own right, similar to transit. There shouldn't be a need to force people in, or force people to take transit.

Doctor_Amazo
Doctor_Amazo
154 · 13 days ago · Reddit

How much money did Rob Ford throw away again when he cancelled license plate fees? Re-institute that.

jacnel45
jacnel45
119 · 13 days ago · Reddit

While I do see merit to the idea, especially if all the funds raised can go into the TTC's operating budget, I would be surprised if this tax actually happens. Toronto Council is suburban heavy and those councillors are not going to support a tax on parking, especially when their constituents rely on their cars due to poor civil planning and transportation options.

cerealz
cerealz
33 · 13 days ago · Reddit

City of Toronto parking permits are $17/​month... maybe start with that. I have no idea why they are so cheap.

https://www.toronto.ca/​services-payments/​streets-parking-transportation/​applying-for-a-parking-permit/​residential-on-street-parking/

darkknightbbq
darkknightbbq
26 · 13 days ago · Reddit

I’m cool with it as a driver and a owner of parking, I just hope the city gets their heads out of their asses and ducking make transit bearable. The TTC is a shit show and one of the worst transit system I’ve rode on in many major cities.

jcwashere
jcwashere
23 · 13 days ago · Reddit

Good. How has this not been done yet, free parking is a missing opportunity to raise money on wasted space.

Doctrina_Stabilitas
Doctrina_Stabilitas
16 · 13 days ago · Reddit

This is a good idea it would also push people to transit

toronto1572
toronto1572
9 · 13 days ago · Reddit

Tax churches!…. Way too many religious groups are using their funds to lobby politicians. Start taxing them!