The Toronto Parking Authority (TPA) is a City board that operates municipal off-street parking facilities and on-street metered parking in the City of Toronto. The TPA manages 19,000 on-street parking spaces and 21,000 off-street parking spaces and provides access to 3,750 bicycles across the City of Toronto. It generates annual gross revenues of over $160 million.

25% of the net income generated TPA is retained by the TPA to fund its capital development program and the remaining 75% is transferred to the City of Toronto.

The TPA is governed by Toronto Municipal Code, Chapter 179, Parking Authority.

At its meeting held November 13, 2025, City Council amended the City of Toronto Municipal Code Chapter 179, Parking Authority, amending the composition of the Toronto Parking Authority Board and directing the City Manager to conduct a governance review of Toronto Parking Authority operations. You can learn more about City Council's decision online.

Board Responsibilities

The board is responsible for supervising the TPA's business and affairs, including overseeing the implementation of corporate strategy by management and the investment of capital reserves.

Board composition

The Toronto Parking Authority is composed of five City officials, appointed by virtue of office, each of whom shall serve without additional compensation:

• City Manager, as Chair;
• Chief Financial Officer;
• Deputy City Manager, Corporate Services;
• Executive Director, Environment, Climate and Forestry Division;
• General Manager, Transportation Services.

Meeting & Time Commitment

The board meets monthly or at the chair's request. Meetings are held at City Hall during weekday hours and are open to the public. The board may also form committees which meet separately from the board. The meeting schedule, agendas, and reports are available online.

Related Links

• Toronto Parking Authority meetings and agendas
• Toronto Parking Authority website