The sharing economy in Canada
From November*2015*to October*2016, an estimated*9.5% of persons (or*2.7*million people) aged*18*and older living in Canada participated in the sharing economy by using peer-to-peer ride services or private accommodation services. Overall, spending on peer-to-peer ride services in Canada and spending on private accommodation services both in Canada and abroad totalled $1.31*billion.
The sharing economy—which can be defined 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—has the potential to play an increasingly important role in the Canadian economy.
In an attempt to measure its impact, Statistics Canada asked people living in Canada the extent to which they used or offered peer-to-peer ride services and private accommodation services.
Looking at each service individually,*7.0% of persons aged*18*and older in Canada used peer-to-peer ride services, while*4.2% used private accommodation services. Spending on peer-to-peer ride services totalled $241*million, while more than $1*billion was spent on private accommodation services. During the same period, a small proportion of Canadian adults indicated that they had offered peer-to-peer ride services (0.3%) or private accommodation services (0.2%).