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Retail sales of used car dealers in Canada 2012-2019

Retail sales of used car dealers in Canada amounted to over 12 billion Canadian dollars in 2019. Used car retail sales have 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 billion Canadian dollars in 2018. That year, the value of net premiums written for personal property insurance amounted to some 12 billion Canadian dollars, while premiums for liability amounted to some five and a half billion. Total net premium numbers for car insurance in Canada have more than tripled since 1990.

Retail sales of used car dealers in Canada from 2012 to 2019 (in billion Canadian dollars)*

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Source

Release date

March 2020

Region

Canada

Survey time period

2012 to 2019

Supplementary notes

*Unadjusted.
Data prior to 2017 has been taken from previous reports.
Figures have been rounded.
As of 2018 the source provided monthly figures, these have been totaled and stated annually.

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Statistics on "Car insurance in Canada"

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