TORONTO, - Canadians spend close to $30 billion each year on used cars, hockey equipment and baby furniture, among other items, according to the inaugural Kijiji Second-Hand Economy Index, released today. The study, undertaken for Kijiji on its 10th anniversary in Canada by researchers from the University of Toronto and Montreal's Observatoire de la Consommation Responsable, also reveals that second-hand goods spending by Canadians contributes close to $34 billion to the country's gross domestic product (GDP) in Canada by diverting dollars away from items that would otherwise be imported. Other benefits of the second-hand economy include job creation and a reduction in environmentally harmful waste, the study shows.
