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Disclosure: we are an independent nonprofit blog. We strive for accuracy, however please always cross-check our data with Statistics Canada. We may also earn money from some of the products reviewed on the site. (Read more)


Core Inflation Spikes Unexpectedly in March Despite Cheap Gas

April 18, 2015

Friday StatCan released the Consumer Price Index (CPI) numbers for March. Year-over-year, Canada’s CPI was up 1.2%. Prices rose broadly across much of the economy, … Read More

Is Inflation Eroding Our Wages?

April 8, 2015

In order to maintain our standards of living, wages must grow as fast as prices rise. Otherwise, inflation eats away at our wages and we … Read More

Lower Loonie: Winners & Losers

March 18, 2015

Canada has been known for being one of the most financially stable countries in the world, and this rings especially true since Canada is one … Read More

How does inflation affect exchange rates?

February 8, 2015

In the last few months we have seen some major changes in Canada’s economic landscape. Canada’s inflation rate fell from 2 percent in November to … Read More

The link between inflation and interest rates

January 30, 2015

Canada’s central bank surprised many when it lowered it’s trend-setting overnight rate from 1 per cent to just 0.75 per cent on January 21st. The … Read More

Canada’s inflation rate drops to 1.5% as gasoline prices plunge 9.6% in December

January 23, 2015

Responding to lower than expected growth and inflation, Canada’s central bank lowered its benchmark rate from 1 per cent to 0.75 per cent on Wednesday. … Read More

Should Canadians fear deflation?

January 19, 2015

What is deflation? Let’s start with the basics. During deflation, the relative value of money goes up while the relative value of goods goes down … Read More

Inflation by Province in 2014

January 10, 2015

Oil prices have fallen dramatically over the last few months, going from a summertime high of $107.68 to below $50 per barrel today. This change … Read More

Should Inflation in Canada be low?

January 3, 2015

Most advanced economies around the world have adopted inflation targets of around 2%, and it has become established wisdom that a central bank’s main task … Read More

What is Inflation Targeting?

December 27, 2014

Following almost two decades of high inflation in the 1970’s and 1980’s, inflation targeting was widely adopted by developed nations. Under inflation targeting, Central Banks … Read More

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Latest Data

  • Inflation Rate
  • CPI
  • Region Monthly Yearly
    Canada -0.1% 1.7%
    Quebec 0.4% 2.2%
    Ontario -0.2% 1.6%
    Alberta -0.5% 1.5%
    B.C. 0.0% 2.0%
    View other provinces & regions
  • Region CPI
    Canada 163.4
    Quebec 160.4
    Ontario 164.8
    Alberta 171.1
    B.C. 157.8
    View other provinces & regions
These Consumer Price Indexes were released by Statistics Canada on May 20, 2025 for the month of April 2025. View the CPI release schedule for more details on future release dates.

2024 CPI Trend

More detailed chart on our 2024 Inflation Page

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Disclaimer: InflationCalculator.ca is an independent service that is not affiliated with Statscan or the Government of Canada. We extract data from Statscan through a script and use it in our calculations. If you have any suggestion, comment or would like to notify us of a bug or calculation error, please use our contact form.

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