Official measure
Statistics Canada's CPI measures price change by comparing the cost of a fixed basket of consumer goods and services over time. This page uses the national all-items reading.
Read the official methodologyInflation by region
Canada inflation in July 2026: prices up 3.0% year over year
Use the latest official Canada reading to test what an income goal needs in CAD to preserve buying power.
Statistics Canada CPI for July 2026: 3.0% year over year. Published August 17, 2026. Use this as a starting assumption for purchasing-power planning, then adjust it for your own decision.
July 2026 CPI, all-items
3.0%
year over year
- Region
- Canada
- Currency
- CAD
Read the number correctly
What this regional reading covers.
Release rhythm
Statistics Canada publishes the CPI monthly for the preceding reference month and identifies the next release in each official bulletin.
Planning context
The national CPI is a practical Canadian-dollar benchmark, but spending patterns and price changes can vary across provinces, cities, and households.
Buying power
What the same goal needs today.
At a constant 3.0% annual rate, these are equivalent CAD income goals after 1, 3, and 5 years.
Swipe or scroll horizontally to compare every year.
| Goal set … | 1 year ago | 3 years ago | 5 years ago |
|---|---|---|---|
| CAD 75,000 | CAD 77,250 | CAD 81,955 | CAD 86,946 |
| CAD 100,000 | CAD 103,000 | CAD 109,273 | CAD 115,927 |
| CAD 150,000 | CAD 154,500 | CAD 163,909 | CAD 173,891 |
Compounding uses the latest year-over-year rate as a constant assumption. Actual inflation changes over time, so these are planning estimates, not predictions.
Next step
Use the rate.
Inflation calculator
Inflation-adjusted income goal calculator
Calculate how much your income goal needs to rise to keep the same buying power after inflation, then track the goal in Goal Cue.
Open at 3.0% inflation
Raise calculator
Salary inflation calculator
Check whether a raise beats inflation, how much salary is needed to keep buying power, and what that means for your yearly income goal.
Open at 3.0% inflation
Freelance pace
Freelance income goal calculator
Calculate where freelance, creator, contractor, or 1099 income should be by now and what weekly pace is needed to hit the annual goal.
Open calculator
Cost of living
Cost of living income calculator
See the income you'd need in a more or less expensive place to keep your current lifestyle — and whether a job offer there measures up.
Open calculator
Need context? Read inflation-adjusted income goals or raise vs inflation.
What is the latest Canada inflation rate?
Statistics Canada CPI reported 3.0% year-over-year inflation for July 2026. The official release was published on August 17, 2026.
Which inflation measure does this Canada page use?
Statistics Canada's CPI measures price change by comparing the cost of a fixed basket of consumer goods and services over time. This page uses the national all-items reading.
Is this inflation rate a forecast?
No. It is the latest published official CPI, all-items reading. The worked examples hold 3.0% constant to illustrate purchasing power; they are planning estimates, not a prediction of future inflation.
Keep the adjusted goal on pace.
Goal Cue turns the target into expected progress, actual earnings, and what to earn next.
Download Goal Cue