Its all about demand

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Its all about demand

$75 a barrel for oil and Calgary is booming.  People are streaming to the Canadian "Houston" and parking is scarce.  A survey says that parking there costs C$375 on average a space — That’s C$75 more than Toronto. Why?  Supply and demand.  It is what it is.  Its like the law of gravity. You can’t change it, you have to go with it. Read all about it here.

No Wonder Parking Authority head Dale Frasier can afford all that new parking equipment and technology. I understand that the new automatic "chalking" system they installed from Tannery Creek is through its testing phase and working well.  Great for both.  We’ll be featuring an article on this next month in PT. Watch for it.

JVH

John Van Horn

John Van Horn

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