Inflation Rate 2024 Canada Today. Updated on august 20, 2024: — it costs 21 per cent more to live in b.c.
The bank of canada today reduced its target for the overnight rate to 4¼%, with the bank rate at 4½% and the deposit rate at 4¼%. July inflation declined to 2.5% from 2.7% and 2.9% in june and may, respectively.