PEI

Charlottetown parking rates poised to rise Oct. 1

Metered parking and parkade rates are taking a leap two weeks from today, in accordance with measures approved in Charlottetown's latest budget.

Increases will affect both parkade and meter users

It will cost 50 cents more to park for an hour at a meter in downtown Charlottetown starting on Thursday, Oct. 1. (Katerina Georgieva/CBC)

People will be paying more to park in Charlottetown as of October 1. 

A city news release issued Tuesday reminded drivers that as of that date, parking meters will charge $2 for an hour of parking, HST included. That compares to $1.50 now.

The new parkade rates will be $1.75 an hour, $12.25 a day, and $150 a month.

That's up from the current rates of $1.25 an hour, $8.75 a day and $115 a month to use the city's parkades. 

The city's news release says these changes were "previously announced in the 2020-2021 budget, in order to allow the City to continue to maintain and upgrade its parking infrastructure." 

The Charlottetown Area Development Corporation operates the Pownal, Fitzroy and Queen parkades, as well as the Harbourside Parking Garage and a number of surface lots. 

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