No. Niagara Falls is in a public location on Niagara Parks land. It can be accessed for free 24/7 all year around. The surrounding attractions however need to be paid for. See a full list of free things to do in Niagara Falls here.
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IMPORTANT COVID-19 UPDATE
Niagara Falls is currently under a Provincewide Stay-at-Home Order until at least June 2, 2021. This means you should only go out for essential reasons. Do not travel outside your region or the province unless absolutely necessary. Indoor and outdoor gatherings are not permitted except with people in your household. Please follow all public health guidelines to stop the spread of COVID-19.
Attractions and outdoor recreation facilities are closed. Restaurants and bars may only be open for take-out or delivery. Non-essential retail stores may only be open for curb-side pickup or delivery by appointment (including wineries, breweries and distilleries). Accommodations remain open with enhanced health and safety protocols in place; pools, fitness centres, spas are closed.