Inflation Rate 2024 Canada Toronto. An inflation rate of 1.15% per year means $1 in 2023 is worth $1.01 in 2024. View the cpi release schedule for more details on.

Grocery prices were up 4.7 per cent from a year ago, marking a slowdown from 5.4 per cent in october. While the greater toronto area is expected to see a bump in home prices in 2025, condo prices will not recover next year, according to a new report by royal lepage.