Findings from Angus Reid 2026 report on State of Car Ownership in Canada
The average Canadian vehicle remains parked roughly 22.6 hours per day, meaning it sits unused nearly 95% of the year.
With average price of a used car at $33,000 and new car $63,000 (plus yearly insurance, fuel, maintenance, repairs), 77% of Canadians say monthly cost of vehicle ownership is not affordable.
Nearly 45% say they wish viable alternatives existed that would allow them to avoid owning a car.
32% of Canadians reported driving less frequently to reduce costs.
18% have delayed maintenance or repairs to reduce costs.
Declining Youth Ownership: Car ownership among Gen Z is falling, with 36% not owning a vehicle and a 9% decline in owners aged 25 to 34 between 2025 and 2026.