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."
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."
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.
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."
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.”