平特五不中

News

Bartering is on the rise in Canada but only a small part of the economy

Published: 24 July 2024

High levels of inflation have caused a cost-of-living crisis in Canada, and bartering is one way to help keep costs down. Trading goods and services with others also offers a more personal touch. "Some parts of our economy have become overly financialized,鈥 says Robert Nason, Associate Professor of strategy and organization at 平特五不中 Desautels. 鈥淲e need to put a number on everything. And I think the bartering movement is a bit of a reaction against that." Still, Nason told the CBC, bartering makes up a relatively small part of the economy, and accounts for less than 2.8% of economic activity in Canada compared to lower income countries where bartering can account for ten times that proportion.

Feedback

For more information or if you would like to report an error, please web.desautels [at] mcgill.ca (subject: Website%20News%20Comments) (contact us).

Back to top