Eliminating Parking Minimums: Boosting Canada’s Housing

Canadian cities debated scrapping mandatory parking minimums, as a fast, low-cost way to unlock housing supply.
Underground stalls cost ~$50K-$100K each; a 200-unit project with 250 stalls can add up to ~$25M.
Developers reported quicker leasing in transit areas with less parking, often appealing to younger, car-free households.
Reform boosts housing and cuts carbon best with transit.
New projects in well-transited areas are being designed with little or no parking.