2026 On-Street Parking Rate Changes

Additionally, the Toronto Parking Authority operates 292 off-street parking facilities throughout the City, including surface lots and garages. Of the facilities that Toronto Parking Authority operates, there are select locations under the operational jurisdiction of other City agencies (i.e., Toronto Transit Commision/Exhibition Place). This report responds to a motion approved by City Council on February 10, 2026, requesting Toronto Parking Authority to apply a rate increase at on-street parking locations to align with the City's financial and mobility goals. Further to City Council's direction, Toronto Parking Authority has undertaken a comprehensive review of the existing rates at its on-street parking locations and recommends a city-wide increase of $0.25 cents across all locations, except areas with the lowest rates, which will remain the same (unchanged); and more targeted rate increases in high-traffic, densified areas of the City. The review also incorporated select rate increases along surface transit routes in Ward 11 - University Rosedale that were approved by the Board in October 2025. The proposed rate increases will ensure that on-street locations are priced to encourage high turnover to serve the greatest number of customers and help support the City's financial goals and investments in overall City programs and operations. Additionally, with continued pressure on curbside space from competing uses, rate adjustments help further encourage parking turnover to keep the city moving to help address traffic congestion and serve businesses and communities.  Subject to Board and City Council approval, Toronto Parking Authority intends to implement the on-street rate changes beginning in April 2026.

the Toronto Municipal Code to implement the rates for on-street parking locations identified in Attachments 1 and 2 to this report.