Canada Reports October Inflation Rate at 2.2 Percent

OTTAWA – Canada’s annual inflation rate reached 2.2 percent in October, according to data released by Statistics Canada. This figure reflects a slight decrease from previous months, although the agency warns that city-specific rates may vary significantly due to reliance on small statistical samples.

Inflation Rates Across Major Cities

Statistics Canada provided inflation rates for several major cities, highlighting fluctuations in pricing trends. The reported rates for selected cities are as follows, with previous month’s figures in parentheses:

• St. John’s, N.L.: 1.8 percent (2.0)
• Charlottetown-Summerside: 1.4 percent (1.7)
• Halifax: 2.5 percent (2.8)
• Saint John, N.B.: 2.2 percent (2.3)
• Quebec City: 3.3 percent (3.5)
• Montreal: 3.3 percent (3.4)
• Ottawa: 2.0 percent (2.1)
• Toronto: 1.5 percent (1.8)
• Thunder Bay, Ont.: 1.4 percent (1.5)
• Winnipeg: 2.9 percent (2.8)
• Regina: 2.3 percent (2.8)
• Saskatoon: 2.3 percent (2.9)
• Edmonton: 1.4 percent (1.7)
• Calgary: 2.1 percent (2.1)
• Vancouver: 1.9 percent (1.9)
• Victoria: 3.0 percent (2.4)
• Whitehorse: 3.1 percent (2.9)
• Yellowknife: 1.7 percent (1.9)
• Iqaluit: 1.0 percent (0.7)

The variation in inflation rates across these cities underscores the diverse economic conditions present throughout Canada. Statistics Canada emphasizes the need for caution when interpreting these figures due to their reliance on smaller sample sizes, which can lead to more pronounced fluctuations.

This report was first published on November 17, 2025, by The Canadian Press, providing a snapshot of the economic landscape as Canadians prepare for the upcoming holiday season.