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Car Ownership in Canada: A Financial Burden?

Car Ownership in Canada: A Financial Burden?

Montreal News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 18, 20261m 34s

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Show Notes

New report reveals Canadians struggling with car costs, with nearly one in ten finding monthly expenses unmanageable. Quebec sees car ownership drop, despite lowest yearly ownership cost. Many Canadians cutting back on driving to save money, with younger generations hit hardest. Trade tensions and tariff fears deter car purchases, and fewer people planning to buy in the next few years. Montreals bike-friendly streets and public transit encouraging car-free lifestyle.

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