The Kijiji Second-hand Economy Index: 2016

In 2015, the Kijiji Second-Hand Economy Index launched to more closely examine the growing phenomenon that is the second-hand economy The intention of the inaugural study was to devise a first-of-its-kind annual Index to measure Canadians’ second-hand practices and their impact on the Canadian economy As with the 2015 Index, this year’s study measures the growth and intensity of the second-hand market over the last 12 months by taking a closer look at the process of acquiring and disposing of used goods (cf intensity index of second-hand practices) The study expanded this year to include additional data from major Canadian cities, as well as gather some interesting insights on Canadians’ purchasing intentions and experiences in the second-hand marketplace.This study also reviews the growing significance of the second-hand economy, the interaction between it and the new-goods market place and the resulting contribution to economic activity and consumer well-being. Raising awareness of the economic benefits of this sector and its benefits to Canadians may lead to more participation, thereby reinforcing and growing its benefits. Further, highlighting its contribution to the economy, we hope to pave the way to advancing policy formation in this sector