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Calgary most affected by rising costs among major Canadian markets

Rising input costs could reshape Calgary’s near-term commercial real estate outlook
Gas prices in Calgary are fast approaching the short-lived peak of $1.895 per liter set in mid-2022. (Getty Images)
Gas prices in Calgary are fast approaching the short-lived peak of $1.895 per liter set in mid-2022. (Getty Images)
CoStar Analytics
June 5, 2026 | 11:42 AM

Calgary’s latest inflation numbers mark a clear shift back to cost-driven pressures, with the consumer price index, or CPI, rising to 3.3%. That can have ripple effects on commercial real estate.

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