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CPI All-Item Basket in Canada from 1980 to 2021. Source: Statistics Canada. Canada's CPI is published by Statistics Canada. The index is calculated and published monthly. It is used to escalate a given dollar value, over time, to preserve the purchasing power of that value.
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A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The head of Statistics Canada is the chief statistician of Canada. The heads of Statistics Canada and the previous organization, the Dominion Bureau of Statistics, are: Robert H. Coats (1918–1942) Sedley A. Cudmore (1942–1945) Herbert Marshall (1945–1956) Walter E. Duffett (1957–1972) Sylvia Ostry (1972–1975) Peter G. Kirkham (1975 ...
The Bank of Canada's monthly CPI measures changes in consumer prices based on the price of a "fixed basket of goods and services" purchased by Canadian consumers, [41] such as made up of goods and services that Canadians typically buy, such as food, housing, transportation, furniture, clothing, recreation, and other items, [42] with the target ...
The 12th edition of Canada's Food Price Report 2022 included research by four universities, Dalhousie University, the University of Guelph, the University of Saskatchewan and the University of British Columbia. [22] [23] Predictions include an increase in total food prices between 5% and 7% with the highest increases in dairy products and ...
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The minimum wage was lifted to $12.75 on April 1, 2022, and there was an additional increase of $1.00 on October 1, 2022. [13] Newfoundland and Labrador: 15.60 April 1, 2024 Expected indexation based on formula: $16.00 on April 1, 2025 Each April 1 (resumed in 2024), based on Canada CPI for the previous calendar year. [14]