2008 Annual Report

Our 2008 Annual Report provides shareholders with insights on The Toronto Parking Authority.

Download the 2008 Annual Report in PDF format

Highlights include

• The Authority earned $76 million (M) in net income during 2008 – the best year in its’ history.
• Under an income sharing arrangement the Citywill receive $53M plus a further $20M which is excess to capital funding needs for a total of $73M.
• The 2008 net earnings exceeded budget by $26M
• Expenses were below budget by $0.9M