Cost Of Living Adjustment 2024 Canada Increase. In 2024, canadians will see several cost of living adjustments to key benefits such as the canada pension plan (cpp), old age security (oas), the gst/hst credit, and the. These canadian inflation rate numbers are released by statistics canada.
Despite signs of a possible recession, canadian workers are forecast to receive an average salary increase of 3.6 per cent in 2024, according to a new survey by normandin beaudry. The adjustment takes effect in january 2025.