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Winnipeg Still Among Cheapest Cities to Park in Canada

July 20, 2010 6:02 AM | News

By Brian Schultz

New parking numbers released Monday show Winnipeg has the third cheapest parking rates in Canada.

The monthly unreserved parking rate in the city is $152.25 — just above Saskatoon at $147.00 and Kitchener-Waterloo at $116.94.

The data was released by Colliers International as part of the company’s 10th Annual Parking Rate Survey. The data shows the median monthly parking rate in Canada reached $224.10, while the median daily rate rose to $14.83. Both rates increased by about two percent. This moderate gain is an improvement over the drastic increase of 9.9% during the 2008/2009 period.

Calgary has the most expensive parking, with a median unreserved monthly rate of $453.38. The city was also the only one that made it into the global list of the priciest cities to park, ranking 14th.

Toronto ($336.25), Montreal ($280.62), Edmonton ($275.00), and Vancouver ($266.81) round up the top five priciest Canadian cities to own an unreserved monthly parking spot.

Colliers predicts parking rates across the country will continue to rise, especially during the second half of 2011.

ChrisD.ca photo

Tags: Canada | Parking