In 2013, the industry, through a presentation to Council, asked that the City review parking meter rates charged to film productions. Production companies are currently charged 100% of the maximum potential revenue of any used parking meter.
Using new smart meter data, the City undertook a comprehensive assessment, which included analysis of average occupancy, usage by the film industry and best practices in other jurisdictions.
The Vancouver Film Office is pleased to announce that, beginning July 1, 2014, production companies will be charged 63% of the maximum potential revenue of any used parking meter. This more accurately reflects occupancy at metered areas most used by the film industry. It still ensures, however, that, per our Street and Traffic Bylaw, the citizens of Vancouver are not financially encumbered.
This rate will be reviewed on an annual basis.