Car rental rates in Canada are expected to see modest increases over the next year, according to the newly released Ground Monitor 2025–26 from American Express Global Business Travel (Amex GBT).

The report forecasts Canadian rental prices will rise by 2.5% to 3.0% in the year ahead, reflecting a stabilizing market following years of volatility.

While the Canadian market remains more balanced than many global counterparts, local factors continue to drive pricing trends. Amex notes that GBT Consulting Canada’s expected increases outpace those in the U.S., where rates are projected to rise by just 1.5% to 1.9%. However, the forecast suggests a slower rate of increase than the previous year, pointing to a gradual return to pricing stability.

“Strong supply in North America should keep a lid on rental price rises,” the report states, adding that “this forecast could be blown off course by the impacts of trade tariffs on the wider US economy and the car rental sector.”

ar rental rates in Canada are expected to see modest increases over the next year, according to the newly released Ground Monitor 2025–26 from American Express Global Business Travel (Amex GBT).

The report forecasts Canadian rental prices will rise by 2.5% to 3.0% in the year ahead, reflecting a stabilizing market following years of volatility.

While the Canadian market remains more balanced than many global counterparts, local factors continue to drive pricing trends. Amex notes that GBT Consulting Canada’s expected increases outpace those in the U.S., where rates are projected to rise by just 1.5% to 1.9%. However, the forecast suggests a slower rate of increase than the previous year, pointing to a gradual return to pricing stability.

“Strong supply in North America should keep a lid on rental price rises,” the report states, adding that “this forecast could be blown off course by the impacts of trade tariffs on the wider US economy and the car rental sector.”

Source: Travelweek