Canada’s headline inflation rate once again came in ahead of expectations in September, increasing to 2.4% from 1.9% the month before. Meanwhile, the Bank of Canada’s preferred measure of inflation, CPI trim, rose to 3.1%, just above the central bank’s inflation target range of 1% to 3%.
CoStar Insight
When it comes to inflation, is 3% the new 2% for the Bank of Canada?
The central bank may be willing to tolerate a more elevated inflation rate, given the growing economic risk
By Carl Gomez
CoStar AnalyticsOctober 23, 2025 | 11:33 P.M.
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