The Consumer Price Index measures the average price change of a basket bought by Canadian households. Your own costs may have risen faster or slower depending on what you buy and where you live.
Projections in the future-cost tool use the rate you choose. They are arithmetic, not forecasts of inflation, returns or interest rates.
Data is refreshed after each monthly CPI release; the reference month is shown on every page. Earnings estimates can be revised by Statistics Canada, and each refresh picks up the tables as published.
Nothing here is financial, investment, tax or legal advice. Talk to a qualified professional before making a decision.
