End of the Line for Free Parking
Filed in
City
August 28, 2008
The free ride is over. Last night, the TTC voted to end complimentary parking for Metropass users, at the TTC's 16 commuter lots across the city.Problems with the existing parking arrangement do exist. The popularity of the Metropass over tickets and tokens has led riders to take advantage of the free parking incentive. Surprisingly, Metropass holders occupy a whopping 80% of the available 14,000 spaces meant for commuters - yet these riders only account for one percent of all TTC's annual ridership. Commuter parking lots simply don't have enough space to accommodate the sheer number of people who choose to park their car and hop on the Red Rocket.
"We want people out of their cars and using public transit," noted TTC Chair Adam Giambrone. But will charging commuters for parking help achieve this goal? With the change, the TTC believes that although some commuters will be behind the wheel, twice as many people will benefit from the revenue generated, which will increase investment in buses across the city by $3-million per year.
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