Stories about Canada Drives and the impact we are having throughout the country.
BetaKit | Jul 20, 2022
"A key trend contributing to British Columbia’s record-setting 2021 was the prevalence of massive late-stage megadeals in the province’s tech sector. Trulioo, LayerZero, Blockstream, and Canada Drives were just a few of the BC-based firms that closed nine-figure financing rounds last year."
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Toronto Sun | Jul 12, 2022
For those in the Greater Toronto Area, some of the best travel finds are not far away. If you haven’t planned any road trips yet this summer, check out the following list from online used car auto retailer Canada Drives.
CTV News | Jul 6, 2022
While completely avoiding the gas station is impossible, there are a few ways to avoid pain at the pumps. Canada Drives talked to CTV News about how drivers can save while taking road trips this summer.
Auto Remarketing Canada | Jul 5, 2022
“Canada Drives has established themselves as the market leader in online car retailing, sharing our common vision for a seamless customer experience,” goeasy’s president and chief executive officer Jason Mullins said. “Since launching their online car retailing platform in late 2020, thousands of Canadians are choosing Canada Drives to purchase their next vehicle."
Financial Post | Jul 4, 2022
Cody Green, co-chief executive of Canada Drives, a used-car sales platform, said that monthly searches for electric vehicles on his website doubled between January and June, to around 20,000. During that time, gas prices rose to about $2.00 per litre from about $1.47 per litre.
Global News | Jul 2, 2022
"In the last year we have doubled our workforce. We've gone from 350 to over 700 employees and we're going to be hiring in the next year to come. At the end of the day, the consumer will decide what businesses succeed. And from what we've seen, online car shopping is something that Canadians want and is here to stay."
The Globe And Mail | Jun 27, 2022
"Financial services company goeasy is making a $40 million minority equity investment in Canada Drives..."
BetaKit | Jun 27, 2022
Goeasy intends to leverage its 2021 acquisition, Fintech startup LendCare, as a preferred non-bank financing provider on Canada Drive’s online automotive retail platform.
Automotive News Canada | Jun 27, 2022
Financing firm Goeasy Ltd. is buying a minority interest in online used-car retailer Canada Drives, as the sub-prime lender looks to increase its stake in the Canadian auto finance market.
Daily Hive | Jun 6, 2022
"Canada Drives and Daily Hive put together a handy list of potential road-trip spots that you can get to from Vancouver in under three hours."
Automotive News Canada | May 27, 2022
“We’re seeing growth quarter over quarter,” said Cody Green, co-CEO of Canada Drives. “The only thing tempering our growth is the ability to find inventory.”
The Star | May 23, 2022
After repeated trips to dealers, Cooper ended up checking out Canada Drives, an online used vehicle retailer he likened to “an Amazon for cars.”
The Globe And Mail | May 20, 2022
"Oil and gasoline prices have been on the rise for much of this year, particularly since the Russian invasion of Ukraine in late February. Even as oil prices levelled off somewhat, gas prices continued to shoot up in recent weeks because of surging demand amid the pandemic recovery, outpacing refining capacity."
Financial Post | May 3, 2022
Canada’s largest 100% online car shopping and to-your-door delivery platform, announced today its expansion into the Saskatchewan market.
PYMNTS.com | Apr 25, 2022
“From a consumer point of view, now is the best time to sell your car that you’re going to see for probably many years,” Andrew Hall, vice president of data and analytics at Canada Drives, told PYMNTS while sharing these facts and figures. “It’s been the best time ever, and probably we’ll not see it again.”
