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INFLATION – CANADA –
JANUARY 2018
BY: PAUL YOUNG, CPA, CGA
JANUARY 24, 2018
PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Emerging Technology
• SME – Business Process Change
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
AGENDA
• Inflation by month
• CPI/All Items
• Wages –vs- Inflation
• Wages, Inflation and Housing Prices
• Oil –vs- Inflation
• Inflation by Province
SUMMARY
• Inflation is key measure for a country as impacts the ability of people to afford the necessities of life
• Canada inflation for the past three months is growing at nearly 5% range due to many factors like
minimum wage hikes or higher fuel costs (Carbon Tax) or higher commodity prices
BMO / INFLATION ANALYSIS
Source – BMO Economics
• Ontario’s new laws have impacted inflation in Canada
• The three month average of inflation is 4.7% due to high fuel cost (Carbon Tax)
• Consumer prices have not received the full impact of carbon taxation
INFLATION BY MONTH
Source – Stats Canada - https://tradingeconomics.com/canada/inflation-cpi
WAGES VS INFLATION
Source – Stats Canada
PROVINCIAL INFLATION RATES
Source - http://www.statcan.gc.ca/daily-quotidien/180126/t002a-eng.htm

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Inflation - Canada - January 2018

  • 1. INFLATION – CANADA – JANUARY 2018 BY: PAUL YOUNG, CPA, CGA JANUARY 24, 2018
  • 2. PAUL YOUNG - BIO • CPA, CGA • Financial Solutions • SME – Risk Management • SME – Emerging Technology • SME – Business Process Change • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. AGENDA • Inflation by month • CPI/All Items • Wages –vs- Inflation • Wages, Inflation and Housing Prices • Oil –vs- Inflation • Inflation by Province
  • 4. SUMMARY • Inflation is key measure for a country as impacts the ability of people to afford the necessities of life • Canada inflation for the past three months is growing at nearly 5% range due to many factors like minimum wage hikes or higher fuel costs (Carbon Tax) or higher commodity prices
  • 5. BMO / INFLATION ANALYSIS Source – BMO Economics • Ontario’s new laws have impacted inflation in Canada • The three month average of inflation is 4.7% due to high fuel cost (Carbon Tax) • Consumer prices have not received the full impact of carbon taxation
  • 6. INFLATION BY MONTH Source – Stats Canada - https://tradingeconomics.com/canada/inflation-cpi
  • 7. WAGES VS INFLATION Source – Stats Canada
  • 8. PROVINCIAL INFLATION RATES Source - http://www.statcan.gc.ca/daily-quotidien/180126/t002a-eng.htm