I haven't heard it. That's just what I would do. I believe parking in urban centres should generally be in parkades, not on-road, and should not be subsidized.
You have to consider what downtown is and its function, i.e. the role each player has in making it what it is. We have the provincial government with a massive presence and thousands of employees commuting in from 13 differing municipalities and further afield. We have an increasing resident presence that will only grow more that require food, goods entertainment etc. We have a huge tourism sector with hotels, attractions and restaurants. And we have the business sector which include tech, professional and retail. All of these contribute to the local economy which in turn generates a massive amount of property taxes as well as other sources of revenue for the City of Victoria. In exchange the City should be obligated to provide services to aid in the proper function of ALL of these sectors and encourage their success. If part of it is a demand for bike lanes and it will contribute to the economy or the health of the residents then sure lets work with that. If part of it includes providing a way for people to bring their business/money into the core to spend at any of the above or to simply enjoy what the core has to offer then they have an obligation to ensure that there is adequate facilities to accommodate how those folks get here. It may be bus, bike, walking or ....and I know this is hard to admit....a car.
The old saying people vote with their money. If they have a perception that its awkward or barriers are being put up to inconvenience a select group then they simply, (like water flowing through a pipe) take their business elsewhere. Hence the massive success of Westshore and Uptown.
If parking is identified as a potential game changer then they cant simply stick their heads in the sand and be all progressive, they may have to acknowledge it.
I know for a fact 1 law firm is moving today out to Royal Oak and one of the main reasons is the trouble their clients have parking for 2-4 hour meetings when the parkades are in so much demand.
This is an unintended consequence of the successful parking program combined with loss of hundreds of surface parking spots.