Canada: retail sales of used car dealers in Canada 2012-2021

Retail sales of used car dealers in Canada amounted to approximately 15.34 billion Canadian dollars in 2021. Used car retail sales have more than doubled since 2012, when sales amounted to just six billion Canadian dollars.

Canadian car insurance

In 2018, the average annual cost of auto insurance in Canada was the highest in British Columbia. Paying for car insurance in this western province would cost consumers close to 1,700 Canadian dollars per year. The annual cost was approximately one thousand Canadian dollars lower in the eastern province of Québec, making it the province with the cheapest average car insurance in the country.

Net premiums for auto insurance

In Canada, total net premiums written in the auto insurance sector reached almost 24.19 billion Canadian dollars in 2019. That year, the value of net premiums written for personal property insurance amounted to 12.4 billion Canadian dollars, while premiums for liability amounted to over five and a half billion. Total net premium numbers for car insurance in Canada have more than tripled since 1990.