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Parking Enterprise  

The city's parking enterprise approach brings many benefits, including:

  • User-pay system: A system that puts the onus on those who drive and park to pay for parking structures, removing these initiatives from tax-based funding.

  • Funding support for alternative methods of transportation:  Revenue generated from the parking enterprise would provide dedicated funding for implementing alternative transportation initiatives identified within the Transportation Master Plan and proposed Transportation Demand Management (TDM) Study.

  • Existing surface lots could be developed: The enterprise would help consolidate parking in structures so that surface lots could be made available for new development that would add to a lively and vital downtown environment.

  • Council maintains control over parking policy and fees.

Parking Rates

Currently, the monthly rate for parking in Kitchener-Waterloo is among the lowest of several Canadian cities studied.

By comparison, in 2009, the monthly rate for parking in Kitchener was $116.94, nearly $109 cheaper than the national average of $225.77 for citites across the country. Winnipeg's monthly parking fees were $152.25; Toronto's, $336.25, and in Calgary, monthly fees were $452.38 in 2009.

Parkers who lease spaces monthly pay gradually increasing rates; but rates for those who visit downtown for short periods of time remain comparatively low.

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