Good Morning #Canada
This morning, our old Mazda goes in for new brakes, front and back, and install the snow tires. While sipping my coffee, I was wondering about auto stats in Canada....
- Canada ranks 23rd worldwide in vehicles per 1,000 people. USA ranks 10th.
- COVID put and end to rising car ownership. In 2020 there were 473 vehicles for every 1,000 people. Today, it's estimated to be 408.
- 11% of Canadians own 3 or more vehicles, 2% own 5 or more.
- 9% own an electric vehicle or hybrid.
- 78% of Canadians say it would be impossible for them not to have a car.
- 41% wish they had better transportation options to avoid needing a car altogether.
- Compared to 2024, car ownership costs have increased 9 per cent, rising from $5,025 to $5,497 annually.
Data from Wikipedia, #StatsCan, and Car Ownership Index.