Canadian inflation rate in 2010: 2.35%

Canada Inflation Calculator


Canadian Inflation Rate, 2010-2017 (CA$1)

The consumer price index (CPI) in 2010 was 117.5. 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 1.50% per year. Prices in 2017 are 11.0% higher than prices in 2010.

In other words, CA$1 in the year 2010 is equivalent to CA$1.11 in 2017, a difference of CA$0.11 over 7 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 2010 to 2017
Cumulative price change 10.98%
Average inflation rate 1.50%
Price difference (CA$1 base) CA$0.11
CPI in 2010 117.5
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2010

Start with the inflation rate formula:

CPI in 2017 / CPI in 2010 * 2010 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 117.5 in the year 2010 and 130.4 in 2017:

130.4 / 117.5 * CA$1 = CA$1.11

CA$1 in 2010 has the same "purchasing power" as CA$1.11 in 2017.

News headlines from 2010

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

  • The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
  • Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
  • An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
  • The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

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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