Last month, H&R Block released the results of a survey it commissioned on the topic of the gig economy. The survey revealed that 7.4 million Canadians carry on some type of gig work or side hustle, and 45 per cent of these folks do this because of the increased costs of living. For these individuals, their gig income represents an average of 24 per cent of all their income. That’s meaningful.
What types of work are Canadians doing on the side? It includes things like freelance or contract work, delivery or rideshare services, dog walking, homestay rentals, tutoring, and selling products on marketplace platforms, among other things. The number of people carrying on these activities has increased by 85 per cent in the past three years alone, and another 10 per cent said they’re thinking about taking on a side hustle in the future.
Recent Comments