The Toronto Parking Authority (TPA) operates municipal off-street parking facilities and on-street metered parking in Toronto.

Seventy-five percent of the net income generated by the TPA is transferred to the City of Toronto, with the remaining twenty-five percent retained by the TPA to fund its capital development program.

The TPA provides safe, attractive, self-sustaining, conveniently located and competitively priced off-street and on-street parking as an integral component of Toronto’s transportation system.

Follow this link for information on the Board governance structure for the Toronto Parking Authority Board of Directors.

2014 Service Overview

The TPA promotes the provision of short term public parking to support local business and neighbourhoods, and discourages unnecessary automobile commuting. It is 100 per cent self-sustaining through parking user fees and other sources. The Toronto Parking Authority is the largest supplier of municipal parking services in North America. In 2013, TPA assumed the ownership and management of the Bike Share Toronto program.

On-Street Parking

The TPA manages an estimated 19,000 on-street parking spaces. The TPA utilizes leading technology in an environmentally responsible manner in its operations.  As an example, the TPA has been using solar powered pay-and-display units since 1999, making it one of the first uses of photovoltaic technology by the City. Currently, 17,600 of on-street spaces are operated using 2,700 of these efficient and economical pay-and-display machines, with the remaining spaces managed by single spaced meters.

Off-Street Parking

The TPA maintains approximately 21,500 off-street spaces in 203 facilities, which include 11 attended lots, 13 fully automated garages, and 179 unattended lots. Additionally, the TPA is contracted to operate 13,800 spaces at Toronto Transit Commission park-and-ride facilities and parking lots, and 1,100 spaces in Toronto Community Housing Corporation parking lots. The TPA also supports the management of parking lots for the Parks, Forestry, and Recreation Division, and 2,175 parking spaces in facilities along the waterfront and other areas in Toronto on a seasonal basis.

Service levels provided by the TPA for off-street parking reflect the different functions, requirements and needs of business communities across the City. Off-street parking services range from small surface lots for local retail development to large multi-deck garages in high density centres.

Toronto Bike Share

Launched as BIXI in May 2011, the Bike Share Toronto system consists of a network of bicycles and docking stations located throughout downtown Toronto to provide residents and visitors with an additional transportation option for getting around town. The system includes a fleet of approximately 1,000 specially designed, heavy-duty, durable bicycles that are locked into a network of 80 docking stations. The Bike Share Toronto system is available for use 24 hours a day, 365 days a year.

2014 Operating Budget

Service1 2014 Approved Budget ($000’s)

Gross

Net

On-Street Parking

11,500.4

(41,674.3)

Off-Street Parking

64,605.5

(20,655.5)

Total

76,106.0

(62,329.8)

 

Bike Share was not included in TPA’s 2014 budget, but will be in coming years.

The TPA’s 2014 Capital Budget is $57.0 million.