Financing for City Parks
Financing City Parks in Canada surveys the landscape of park funding in Canada, exploring options to ensure reliable and sustainable funding for Canada’s parks. The paper asks questions such as: How much should be spent on parks? How should they be financed? Who should pay? It outlines the major strengths and weaknesses of approaches and breaks down which are appropriate, realistic, and sustainable.
There is no singular or unequivocal business model that addresses the best way to finance capital and operating costs of city parks. There are, however, a number of possibilities; some are used in different cities in Canada and elsewhere, and some may be used in the future.