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Inflation - Canada

 
 Inflation Rate Canada % PA
 2010 - Q4  2011 - Q1  2011 - Q2  2011 - Q3
 Oct  Nov  Dec  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sept
 
2.44 %
 
1.99 %
  
2.35 %
  
2.35 %
  
2.16 %
  
3.29 %
  
3.28 %
  
5.30 %
3.10 %
2.70 %
  
3.1 %
  
3.20 %
 2011 - Q4 2012 - Q1 2012 - Q2 2012 - Q3
 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept
 
2.90 %
 
2.90 %
 
2.30 %
 
2.46 %
 
2.62 %
 
1.93 %
 
2.00 %
 
1.24 %

1.50 %

1.30 %
 
1.20 %
 
1.20 %
 2012 - Q4 2013 - Q1 2013 - Q2 2013 - Q3
 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept
 
1.20 %
 
0.80 %
 
0.80 %
 
0.50 %
 
1.20 %
 
1.00 %
 
0.40 %
 
0.70 %

1.20 %

1.30 %
 
1.10 %
 
- %


In the chart below you can see that $100 CAD in year 1914 had the some Purchasing  Power  like $1,948 CAD  in 2010.

In simple words, whatever you could purchase with $100 CAD in year 1914, you have to spend $1,948 CAD in 2010 to purchase
more or less the some goods.





The Gold Standard was abandoned in 1971 and had huge impact on inflation resulting in losing the value of money faster. See chart above.

In 2010 the present value of $100 CAD in year 1914 is $1,948 CAD .

The average inflation rate in Canada over 1914-2010 period is 3.221% PA.

The average inflation rate in Canada over 1914-1971 period is 2.342% PA. This is the average inflation rate in Canada over Gold Standard period.

The average inflation rate in Canada over 1971-2010 period is 4.653% PA. This is the average inflation rate in Canada after Gold Standard period.

The Bank of Canada inflation target is 2 % PA.