The Industrial Product Price Index posts a fourth consecutive monthly increase in September
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index, increased 0.8% month over month in September and gained 5.5% year over year. Prices notably rose from August to September for primary non-ferrous metal products (+5.9%), energy and petroleum products (+1.4%) and meat, fish and dairy products (+0.7%). Prices for meat, fish and dairy products rose for the ninth straight month in September.
Source: Industrial product and raw materials price indexes, September 2025
Smaller year-over-year decline in gasoline prices in September
The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in September, up from a 1.9% increase in August. On a year-over-year basis, gasoline prices fell less in September (-4.1%) compared with August (-12.7%) due to a base-year effect, leading to an acceleration in headline inflation. A slower year-over-year decline in prices for travel tours (-1.3%) and a larger increase in prices for food purchased from stores (+4.0%) also contributed to the upward pressure in the all-items CPI in September.
Source: Consumer Price Index, September 2025
Core retail sales rise in August
Retail sales increased 1.0% to $70.4 billion in August. Sales were up in six of nine subsectors and were led by increases at motor vehicle and parts dealers. Following a decrease of 1.2% in July, core retail sales increased 1.1% in August on higher receipts at general merchandise retailers (+2.4%). Higher sales were also recorded at clothing, clothing accessories, shoes, jewelry, luggage and leather goods retailers, up 3.2% in August.
Source: Retail trade, August 2025
Parental expenses for centre-based child care decrease from 2023 to 2025
In 2025, 58% of children aged 0 to 5 years were in child care in Canada. Participation was similar to 2023 (56%). The proportion of parents who used child care and who reported having difficulty finding it increased from 46% in 2023 to 50% in 2025. However, expenses for children aged 0 to 5 attending centre-based child care full-time have continued to decrease at the national level, from an average of $663 per month in 2022, to $508 in 2023 and to $435 in 2025.
Source: Child care arrangements, 2025
Trade of sport products surpasses pre-COVID-19 pandemic levels
In 2023, Canadian exports and imports of culture and sport products increased. Canada exported $27.1 billion of culture products in 2023, up 1.3% from the previous year. In 2023, Canadian exports and imports of sports products both surpassed pre-pandemic levels of 2019, with total exports reaching $2.2 billion (+$580.0 million) and total imports amounting to $2.6 billion (+$651.4 million).
Source: Trade of culture and sport products, 2023
Employment outcomes of workers in industries dependent on United States demand for Canadian exports
Trade tensions between Canada and the United States, which began in early 2025, have raised concerns about workers in industries that depend on US demand for Canadian exports. A new study found that in the year following job loss, around 70% of workers who were laid off from these industries over the 2013-to-2016 period found paid employment. About 69% of re-employed men and 76% of re-employed women had transitioned to other industries.
Source: Economic and Social Reports, October 2025
The heat is on
The weather’s getting cooler, which is nature’s way of reminding you to check your furnace. In 2023, 46% of households in Canada had a forced air furnace as their primary heating system. Other types of primary heating systems reported by households included electric baseboard heaters (23%), heat pumps (8%) and mini-split heat pumps (1%). Aside from the consumer carbon levy removal in April, any heat-related price changes in 2025 have been mostly minimal and subject to seasonal movements. On a year-over-year basis in September 2025, prices ticked up slightly for electricity (+1.8%), but at a faster pace for fuel oil and other fuels (+8.0).
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