Canada's side-hustle mood: half want extra income in 2026
A new study reports that about half of Canadians are considering taking on side work to supplement income. The data is drawn from a MoneySense article citing a 2026 report. This explainer breaks down what changed, who it might affect, and practical steps people can take next.
What changed and what it means
According to the referenced 2026 report, a large share of Canadians are contemplating side jobs beyond their main employment. A side hustle is any additional paid work done outside a primary job, such as freelancing, gig work, or selling goods. The report highlights a shift in attitudes toward extra income and flexibility, rather than a sudden spike in new jobs.
Who might be affected
The finding concerns a broad group of working Canadians, including employees and self-employed individuals who may already juggle multiple roles. People seeking extra income for bills, saving goals, or career experimentation are specifically noted. The report does not specify regions or age groups in the excerpt provided, so effects could vary by personal circumstances and local job markets.
Practical next steps for readers
If you’re considering a side hustle, start with: 1) assess your time and energy to avoid burnout; 2) identify skills you can monetize (such as writing, tutoring, or handywork); 3) check tax implications and whether extra income affects benefits or credits; 4) research legitimate platforms appropriate to your skill set; 5) keep track of earnings and expenses for tax purposes. For those already working a side gig, consider setting boundaries with your main job and ensuring you’re compliant with any contract terms or non-compete rules. Always verify platform safety, demand, and payment terms before committing your time.
Which sources did Setup in Bahrain review?
Setup in Bahrain reviewed the following source material before preparing this explanatory article.
The links remain visible so readers can inspect the evidence, compare dates and context, and confirm current requirements with the relevant authority.
- moneysense.ca — evidence source reviewed for this article.
Information and responsibility notice: This article is general information based on the cited material available when published. It is not legal, tax, immigration, medical, financial, banking, or investment advice; it does not create a professional-client relationship; and it is not a guarantee of outcome, availability, accuracy, or eligibility. Rules, schedules, prices, and third-party information can change. Confirm material decisions with the relevant authority and an appropriately qualified adviser before acting.