A Université du Québec researcher and the city of Montreal agree the privatization of parking meters and parking lots in Montreal in 1994 has created a cash cow for the city, raising almost $57 million in revenue last year. Photograph by: Phil Carpenter, Gazette file photoFrom The Montreal Gazette:
But lose the third party and save money, UQAM researcher says.
A Université du Québec researcher and the city of Montreal agree the privatization of parking meters and parking lots in Montreal in 1994 has created a cash cow for the city, raising almost $57 million in revenue last year.
But could the city have done as well or better had it not signed a 30-year deal with Stationnement de Montréal to operate the network?
The city’s parking authority is run by the Board of Trade of Metropolitan Montreal.
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