Inflation and the cost of living
What is the latest inflation rate in Canada?
The Consumer Price Index tracks changes in consumer prices. For the headline figure, read Statistics Canada’s reference month and comparison basis together. An annual inflation rate is not the same as the change since last month, and national inflation does not describe every household’s costs.
Where to begin
- Check the latest national CPI indicator and its reference month.
- Open the release to see which comparison is being reported and the relevant components.
- For a province, city or spending category, use the corresponding table rather than assigning the national rate to it.
Before you open the official service
- National or regional coverage
- The reference month
- Annual change, monthly change or index level
Keep your actual documents and account details off this website. Use the official service’s current checklist before applying.
What to check for your situation
Chat can retrieve the national headline indicator. Regional and category figures need their own evidence; a lower inflation rate does not by itself mean prices have fallen.
Fees, processing times and document rules can change. This page helps you navigate; it does not confirm eligibility or replace the government’s instructions.
Official sources
statcan.gc.ca · Official websiteStatistics Canada — Key economic indicatorsThe key indicators show a reference period alongside the national CPI, unemployment and quarterly GDP figures. Links lead to the corresponding statistical releases.Checked
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