The average new vehicle is $66,422 CAD and the average for a used vehicle is $37,662, as per autotrader.ca. A new vehicle is nearly the same as an entire year’s salary of an average Canadian according to statscan and that doesn’t account for the total cost of ownership.
Mobility is just as important for young people. The difference is that cars are much less affordable for young people who are choosing better alternatives such as transit and bikes.