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Parking meter and stall lease rates changing May 1
A reminder to residents, downtown business owners and those who work downtown Cranbrook, that parking meter and leased parking stall rates will be increasing starting May 1, as part of the city’s ongoing efforts to modernize downtown parking and support long-term infrastructure improvements.
Council adopted changes to the Streets, Traffic and Parking bylaw back in November 2025, which looks to increase parking meter and leased parking stall rates based on recommendations from the Downtown Parking Plan and Strategy completed earlier in 2025.
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The updates are part of the short-term recommendations from the city’s Downtown Parking Plan, which aims to:
- Keep Cranbrook’s parking rates competitive, well below the national average of $2 per hour.
- Increase funding for the Downtown Parking Reserve Fund, which supports upgrades like paving, lighting, landscaping, signage, and other downtown revitalization initiatives.
- Reduce reliance on general tax dollars by ensuring parking operations are more self-sustaining.
- Encourage alternative transportation, helping reduce traffic congestion and emissions.
Updating each parking meter is a hands-on job, so the work will take some time.
As these changes roll out, there may be a short period when some meters still show the old rates while others have the new ones in place. We continue to look ahead at modernizing downtown parking, including possible options like digital mobile payments.
For now, the fee changes will still bring value to the community, especially since monthly leases and coin-operated meters are expected to stay in place in some areas for the foreseeable future.
e-KNOW file photo
City of Cranbrook