Canadians are cutting back on driving as inflation bites

The continuously high inflation Canada has been experiencing in the past two years has many Canadians reconsidering the way they get around.

A BNN Bloomberg and RATESDOTCA survey found that many Canadians are driving less, or even asking employers for more work from home days, in an effort to reduce transportation costs.  

The survey, which was conducted by Leger from Jan. 13-15, asked 1,512 respondents about their driving habits. It found that 48 per cent of Canadians are planning or have made some cost-saving change to their transportation as a result of inflation. 

Thirty five per cent of respondents said they were making an effort to drive less and avoid unnecessary trips. Six per cent said they had or plan to put off unnecessary vehicle repairs to save money. Another three per cent said they had sold additional vehicles in their household.