Parking Fees

Apparently, the city is upset because parking lot operators downtown have raised their prices during a major international hockey tournament.

Two thoughts:

1. If you’re going to claim that hosting these sorts of events will bring millions of dollars into the local economy, you can’t complain when businesses try to actually collect some of that money.

2. If the prices are too high, people won’t park in the lots. If the lots are charging $40 a day and they’re full – the price isn’t too high.

2 Responses to “Parking Fees”

  1. Pitt says:

    I’m surprised they are complaining- being in NY, I figured they’d just hike up the taxes on the “excess profits”.

  2. matt says:

    I’d like to see a comparison to the parking prices at the last tournament in Saskatoon – it would be shocking to me if this is an unusual phenomenon. It seems that when a small city sees a huge influx of visitors with money from larger cities, most business owners would see an opportunity to raise prices.

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