Why are cars so expensive in Canada today?

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Economist Charles Bernard talks about what\u0027s causing vehicle prices to rise on Down to Business podcast. Listen here.

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How expensive are cars in Canada today? In the first quarter of 2023, a new vehicle cost $61,000 on average and a used vehicle cost $39,000 on average.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

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