The bottom line

It appears Canada’s housing market has shed its winter doldrums – and home buyers are feeling a fresh financial squeeze. The latest monthly Affordability …

It’s no secret that living costs have risen in recent years, including the price of car insurance in Alberta. The average premium is $1,835 as of June 2025, making Alberta’s rates the second-highest in Canada.

In June of 2022, Canadians saw a multi-decade high inflation rate of 8.1%. Fast forward to today, and inflation has risen 2.8% year over year (YoY) in April 2026, just above the Bank of Canada’s target of 2%.

From grocery bills to gas prices, inflation has been hitting Canadians across the country hard. In April 2026, the government reported a consumer price increase of 2.8%

Inflation has become a part of everyday life in Canada. While you’re probably used to seeing the effects of inflation on your grocery receipts, you may also have noticed an unwelcome spike in the amount you’re paying for home and auto insurance.

This article is sponsored by Equifax. …