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Almost 10% of adults in Canada used sharing economy

March 01, 2017

An estimated 9.5% of adults living in Canada, which totals 2.7 million people, participated in the sharing economy by using peer-to-peer ride services or private accommodation services to October 2016 from November 2015, according to a report released Monday by Statistics Canada. Looking at peer-to-peer ride sharing services alone, C$240.8 million (US$179.7 million) was spent.

The report defined the sharing economy as an activity facilitated by digital platforms where people rent their skills, such as driving or computer skills, and make their resources, such as properties or cars, available for money.

However, only 72,000 adults living in Canda reported offering peer-to-peer ride services in the 12 months ended October 2016.

Data for the study was derived from seven questions added to the October 2016 Labour Force Survey. Respondents aged 18 and older living in the provinces were eligible for the survey.