Inflation Expectations in Canada decreased to 4.04 percent in the second quarter of 2025 from 4.09 percent in the first quarter of 2025. Inflation Expectations in Canada averaged 3.40 percent from 2014 until 2025, reaching an all time high of 7.18 percent in the fourth quarter of 2022 and a record low of 2.08 percent in the first quarter of 2015.