Here’s why car prices are skyrocketing across Canada

Ongoing supply chain issues have led to shortages in new and used cars, driving up vehicle prices with no relief in sight.

Subscribe to CTV News to watch more videos:

Connect with CTV News:
For the latest news visit:
For a full video offering visit the CTV News Network:
CTV News on Facebook:
CTV News on Twitter:
Watch CTV News on Twitter:
CTV News on Google+:
CTV News on Instagram:
CTV News on Pinterest:


CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.

10 comments

  1. A 2000 Corolla, not-certified, with no tires and no engine = selling for $12,000 used. That’s now the ‘low price’ on today’s used car market. Everything else is higher, much higher. A 20-year old or older used car that is certified easily sells for $18,000 or more.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.