Living with or without car

For most newcomers in large Canadian cities, full car ownership is usually the most expensive, public transit plus walking is usually the cheapest, and a “car-light” mix (transit + walking + occasional car access) generally sits in the middle. Public health and settlement sources estimate that owning and operating a car in Canada typically costs…

Owning a car in Canada might seem like a straightforward expense—buy the car, fill up the tank, and drive off into the sunset. But what if I told you there are hidden costs lurking beneath the surface? From unexpected repairs to the subtle erosion of value over time, car ownership is riddled with financial surprises….