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Consumer Price Index

The Consumer Price Index (CPI) may be used to express a sum of money, established at a point in time in the past, in current dollars. The last published value from Statistics Canada was for May 2017. The value 131.6, entered for December 2017, was calculated on the assumption of a constant annual rate of inflation of 1.5% from May 2017 continuing to December 2017.

Using the values from the Canada CPI, the value of any sum established at any time since 1978 can be expressed in terms of current dollars. For example, decisions for the trilogy of cases which established an upper limit for awards for general damages set a ceiling of $100,000 in January 1978. The current CPI data series estimates the CPI for January 1978 at 35.1. Given a projected CPI value of 131.6 for December 2017, the approximately equivalent upper limit in December 2017 would then be estimated at about:

(131.6 /35.1) x $100,000 = $374,929.

For your convenience, the CPI values for British Columbia, Alberta and Ontario are also provided in .pdf format below.

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Consumer Price Index

Select from below to download a .pdf of Consumer Price Index values for Canada and selected provinces. Left click on the link to view an inline document. Right click on the link to download and select "Save Link As" or "Save Target As"

Canada CPI

British Columbia CPI

Alberta CPI

Ontario CPI