Businesses often argue that if a city converts street parking to bike lanes they will financially suffer. Unfortunately, study after study shows that simply isn't the case.
"But here's the thing about the "studies on possible economic impacts" requested by retailers on Polk Street, or really wherever bike-lane plans emerge—they've been done. And done. And done again. And they all reach a similar conclusion: replacing on-street parking with a bike lane has little to no impact on local business, and in some cases might even increase business. While cyclists tend to spend less per shopping trip than drivers, they also tend to make more trips, pumping more total money into the local economy over time."
Read the rest here
In a related article - there's a great piece in Treehugger about the inappropriate way bikes are held to the standards of cars. You should read it here
"In the meantime, the vast majority of provincial resources around lawmaking, education and enforcement should be directed towards motorists, whom a recent report found were “at fault” in 93 per cent of collisions with bikes in Metro Vancouver.
Expecting both drivers and cyclists to play by the same set of rules is like equating shotguns with water pistols. Let’s not lose sight of the real weapons on our streets."