Canadian inflation rate in 2006: 1.67%

Canada Inflation Calculator


Canadian Inflation Rate, 2006-2017 (CA$1)

The consumer price index (CPI) in 2006 was 109.4. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada, the dollar experienced an average inflation rate of 1.61% per year. Prices in 2017 are 19.2% higher than prices in 2006.

In other words, CA$1 in the year 2006 is equivalent to CA$1.19 in 2017, a difference of CA$0.19 over 11 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.

Inflation from 2006 to 2017
Cumulative price change 19.20%
Average inflation rate 1.61%
Price difference (CA$1 base) CA$0.19
CPI in 2006 109.4
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2006

Start with the inflation rate formula:

CPI in 2017 / CPI in 2006 * 2006 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 109.4 in the year 2006 and 130.4 in 2017:

130.4 / 109.4 * CA$1 = CA$1.19

CA$1 in 2006 has the same "purchasing power" as CA$1.19 in 2017.

News headlines from 2006

Politics and news often play an important role in economic performance.

  • Nepali security forces injure 243 pro-democracy protesters.
  • North Kora is alleged to have tested its first nuclear device.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

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