Inflation

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.

Canada’s latest inflation report shows consumer prices stayed stable in November, coming in at an annual growth rate of 2.2% – unchanged from …

Canadian price growth cooled somewhat in October – a welcome development for consumers, but not enough to dissuade the Bank of Canada from its …

The Bank of Canada has continued its rate cutting cycle, further easing borrowing costs for home buyers and loan holders. The central bank opted …