The Toronto Parking Authority is a public corporation owned by the City of Toronto. It provides safe, attractive, conveniently located and competitively priced off and on-street public parking.
The Council of the City of Toronto appoints a seven-member board of Directors whose job it is to set the policies of the Parking Authority and oversees its operation. The City's senior transportation member is a non-voting member of the Board. The Authority also manages, on behalf of the Toronto Transit Commission, 12,500 spaces at their park and ride facilities and parking areas on behalf of the City's Parks and Recreation Department serving the waterfront parks during the summer season. The Toronto Parking Authority is the largest municipal parking operator in North America.
Keep in mind that when you park entirely on private property or in paid parking lots, this reduces the amount of available parking in the surrounding area for residents and customers.