Inflation Rate 2024 In Canada. The current inflation rate in canada is 2.53%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in july 2024. 26 rows in depth view into canada inflation rate including historical data from 1915 to 2024, charts and stats.

The canada revenue agency (cra) announced today the prescribed annual interest rates that will apply to any amounts owed to the cra and to any amounts owed by the cra to. Inflation has continued cooling for canadians amid mild economic growth for much of 2024, allowing the bank of canada to start easing its benchmark policy rate from elevated.