Ride hailing and delivery company Uber Technologies (NYSE:UBER) estimates that it contributed $6.5 billion to the Canadian economy in 2020.
In a new report commissioned by Uber, the company estimates that it spent billions of dollars in Canada last year and helped to keep the economy and supply chains moving during the global pandemic, as well as helping restaurants and small businesses.
The report also found that food delivery service Uber Eats impact on the economy significantly increased during the pandemic, generating $570 million in additional value for restaurants last year and more than double the $210 million made in 2019. The report said Uber Eats created $2.3 billion in gross economic value for Canada in 2020.
The report included a national poll aimed at identifying Canadian travel and food ordering habits, a survey of 3,000 Uber drivers and delivery people, as well as data provided by the company and other government-sourced statistics.
The report said Uber rides and deliveries saved Canadians more than 13 million hours, the equivalent of driving from Halifax to Vancouver over 230,000 times.
