Big share

The world’s “sharing economy” is expected to grow from $15 billion to $335 billion by 2025. How Uber, Airbnb and AskforTask are changing our economy.

40: Estimated percentage of Canadians participating in the sharing economy since 2015. Most of the online sharing transactions involve books, cars, clothes, condos and cottages.

262: Dogs in Canada available through Part Time Pooch, a service for those who don’t want a full-time pet. Annual membership costs $119.88.

1,114: Dollar amount an Edmonton resident was charged by Uber for a ride last New Year’s Eve while “surge pricing” was in effect. The ride-sharing app later refunded half of the bill.

1,900: Litres of ice cream ordered in Toronto from July 2 to 8 through shopping and delivery site The firm employs full-time shoppers and drivers and independent contractors.

9,731: Sharing economy companies listed in the Mesh, an index of firms using technology to offer on-demand goods and services to consumers “without the expense and burden of owning them.”

10,569: Backers in 2015 pledging a minimum of $5 on crowdfunding site Kickstarter to help Montreal electronics company Revol Technologies Inc. bring its earphones to market. The firm raised $2.5 million.

200,000+: “Taskers” in neighbourhoods across Canada available to clean, paint, do repairs or undertake other household chores, according to The Toronto site launched in 2013.

375,000: Visitors to Ontario using Airbnb last year. In February, the Ontario government and Airbnb agreed the site would send Ontario hosts a reminder to declare the income they earn on their tax returns.

About the Author

Steve Brearton

Steve Brearton is a freelance writer in Toronto.

comments powered by Disqus


Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.