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Canada's driving age is determined on a province-by-province basis. The age to begin driving varies by province, with the earliest being Alberta at 14 years of age. [2] The provinces use a graduated driver licensing (GDL) system for a standard car and light-truck licence to ensure the proficiency of drivers.
Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs .
Microstates such as San Marino, Andorra and Liechtenstein have high rates of car ownership. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Population figures are from the United Nations Statistics Division unless otherwise specified. [1]
Car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. When used, and for the purpose of assessing the private financial costs, one must consider only the interests paid by the car owner, as some part of the amount the owner pays each month for the finance is already embedded in the depreciations costs.
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It has Canada's largest LTL business, [3] largest trucking fleet, [4] and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. [ 5 ] [ 6 ] Its trucking fleet consists of over 14,000 company-owned power units, nearly 10,000 owner-operator tractors, nearly 50,000 trailers and over 200 straight trucks .
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Mexico and Canada are two of the US's largest suppliers of agricultural products and accounted for $45.4 billion and $40.1 billion, respectively, in 2023, per the USDA.