If you circle for blocks looking for a parking space in downtown London, this is good news for you.
But if you're a booster of public transit, you may not be impressed.
London city hall has come up with a plan to increase the amount of parking in the city.
Council voted to put $2.5 million a year into a reserve fund, with the aim of creating or building more parking for downtown London.
Deputy Mayor Tom Gosnell says the city needs to get more involved in the parking game, saying in the end it will attract more business and companies to the downtown.
But others at city hall have concerns.
Councillor Fred Tranquilli saying making more affordable parking spaces may lead to reduced ridership for London Transit.