^Personally speaking, im a big supporter of (good) transit, but our transit isnt good enough for the parking fee to push me towards using it for a night out downtown, and if im going with a few people, the parking might still come out cheaper than the bus ticket. I know you have to factor in the price of gas, insurance blah blah, but that's not usually what i would do. I would compare the parking vs the transit and the convenience that would come with either option.
I remember a few years ago, 4 of us went to a concert at rogers in December. Round trip would've been ~7 bucks each, for a total of $28. Instead we drove, which was faster (very little traffic at night) and much more comfortable and convenient, and parked for $20 nearby. Then we hit the car starter on the way out of rogers and walked over to our warmed up car and headed home vs waiting in the cold for the likely delayed LRT and then have to either have parked at a park and ride or take the bus home from the station. Turning a 20 minute car trip home, into a minimum 45 minute transit ride home.
Second, the destination, downtown, is not good enough to be hiking and charging parking at this time. An increase in parking is not going to encourage me to take transit to visit downtown. Instead, it's going to deter me from going downtown altogether. I can't wrap my head around this. I know the argument will be 'no one comes for the free/cheap parking', yes, fair enough, but struggling downtowns probably shouldn't be increasing parking fees when they can use all the visitors they can get. Because when the downtown doesn't have much else to offer, then maybe they will come for the free/cheap parking.