Canada
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

Almost half of Canadians change transportation due to inflation: Poll

A new survey says 48% of Canadians are cost-cutting when it come to the way they travel due to inflation, including higher gas prices.
A new survey says 48% of Canadians are cost-cutting when it come to the way they travel due to inflation, including higher gas prices. Photo by iStock /GETTY IMAGES

A new survey says 48% of Canadians are cost-cutting when it come to the way they travel due to inflation, including higher gas prices.

The Leger poll, done on behalf of RATESDOTCA and BNN Bloomberg, says the cost-cutting includes avoiding unnecessary trips (35%), changing their main mode of transportation (11%), putting off unnecessary vehicle repairs (6%) and buying electric vehicles (6%).

From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Of the 11% that have changed their main mode of transportation, seven per cent switched from driving to walking or cycling (five per cent) or public transit (three per cent).

One-in-five or 18% of Canadians are changing their commute to work to combat rising costs while five per cent are asking employers to increase remote workdays and four per cent planning to change or have already changed jobs to travel less.

“It’s clear inflation is hitting Canadians hard,” says John Shmuel, managing editor of RATESDOTCA, in a statement.

RECOMMENDED VIDEO

“Cutting down on driving is just one significant way Canadians are trying to save on expenses. Many will be trimming budgets and looking for other ways to bring expenses down as inflation continues to drive high prices across the board.”

The poll of 1,538 Canadians (out of which 1,512 provided a response about their main mode of transportation) was completed online between Jan. 13-15, 2023 using Leger’s online panel.

For comparative purposes, a probability sample of 1538 respondents would have a margin of error of +2.5 %, 19 times out of 20.