Cost Of Living Increase 2025 Ontario. For 2025, cpp benefits will increase by 2.6%, reflecting the inflation rate for 2024. While many issues turned canadians away from their prime minister, the high cost of groceries and homes has become a chief grievance.

As of july 2024, ontario works (ow) rates have remained unchanged for the sixth consecutive year, despite significant increases in the cost of living due to inflation. Starting january 1, 2025, individuals receiving benefits from the workplace safety and insurance board (wsib) in ontario will see a 2.6% increase in their payments.