Saturday: Sharing Economy

A person rents a green bicycle using a phone app.

Access over ownership and the sharing economy are important pillars that contribute to a circular economy. By shifting to access over ownership, the responsibility falls to manufacturers to make longer lasting and more efficient products that are designed with repair and reuse as primary considerations. Millions of Canadians engage in the sharing economy everyday – through ride sharing apps, libraries, rental services, online music/video streaming and more – often not realizing their contribution to the circular economy.

examples of the sharing economy infographic

An example of the sharing economy in action is York Region in Ontario. The region has recently implemented an online tool to improve citizens’ circular economy education and their awareness of local share, reuse, and repair resources. Circular Innovation Council is proud to have developed the Share, Reuse, Repair Hub for York Region. Canadian municipalities may email to see how a similar tool can be developed for your region.

share, reuse, repair hub infographic