Cost Of Living Increase 2024 Canada. The annual inflation rate in canada fell to 2.5% in july of 2024 from 2.7% in the previous month, matching market expectations, to mark the softest increase in consumer prices. 36 rows historical inflation rates for canada.

This calculator uses monthly consumer price index (cpi) data from 1914 to the present to show changes in the cost of a fixed basket of consumer purchases. A family of four estimated monthly costs are 4,092.0$ (5,562.7c$) without rent (using our estimator).