I inquired with Coun. Stevenson on this and she said:
"free and low-cost parking can be very inefficient, as it encourages long stays and produces low turnover, especially around downtown shops and attractions. What we found during the pandemic is that the free parking incentives that were provided in the downtown led to less turnover and therefore less availability for people wanting to access local shops and businesses.
Consistent with that management approach, while we are increasing parking rates in high demand areas and expanding hours where paid parking is in effect, we are also removing paid parking from 68 other zones and converting them to free parking. City of Edmonton EPark stalls also remain price competitive with private options, with the high demand rate of $4.50/h and private options in the $4.00 to $6.00 range. Pricing in low demand areas will remain unchanged at the current $1.00 to $2.50 range. An important part of the management approach is ensuring that we're monitoring outcomes and if we see sub-optimal usage of parking spaces (less that 75%) resulting from the changes, the team can revisit and rebalance those fees."