Cost Of Living Increase 2024 Canada Per Year. Canadian consumers were confronted with higher prices in 2021, including for everyday necessities, such as food (+2.5%), transportation (+7.2%) and shelter (+3.9%). These adjustments aim to help.

The cost of living increases for 2024 in canada are set to positively impact key benefits like cpp, oas, gst/hst credits, and the ccb. Historical consumer price index (cpi) from 1989 to 2024 for canada.