Inflation

Impact of inflation on the Ontario sunshine list

Since 1996, the $100,000 threshold has not changed. The effect of increasing this threshold is dramatic:

Canadian consumer price index (CPI) has increased by 50.05% from 1996 to 2016 >> source
In 2018, there were 151,040 individuals on the sunshine list
If the threshold were to follow the CPI, the size of the 2018 list would have been reduced by 85%, to 23,208 people.
Put differently, in terms of the purchasing power of a Canadian Dollar buying Canadian goods and services, a $100,000 threshold in 2018 is equivalent to $66,644 in 1996.

YEAR	ANNUAL_INFLATION	CUMULATIVE_INFLATION	INDEXED THRESHOLD	NUM_PEOPLE_WITHOUT_INFLATION	NUM_PEOPLE_WITH_INFLATION	PERCENT_REMOVED	PERCENT_REMAIN
1996	0	0	100000	4457	4457	0.0000000000000000000	1.0000000000000000000
1997	0.0169	0.0168999999999999	101690	5375	4910	0.0865116279069767441	0.9134883720930232559
1998	0.01	0.0269999999999999	102700	6296	5411	0.1405654383735705209	0.8594345616264294791
1999	0.0175	0.0449999999999999	104500	8140	6360	0.2186732186732186732	0.7813267813267813268
2000	0.0269	0.0730999999999999	107310	10351	6940	0.3295333784175441986	0.6704666215824558014
2001	0.0252	0.1001	110010	13034	8285	0.3643547644621758477	0.6356452355378241523
2002	0.0225	0.1249	112490	16692	9957	0.4034867002156721782	0.5965132997843278218
2003	0.028	0.1564	115640	20364	10072	0.5054016892555490080	0.4945983107444509920
2004	0.0185	0.1777	117770	23004	10563	0.5408189880020865936	0.4591810119979134064
2005	0.022	0.2036	120360	27461	11288	0.5889443210371071701	0.4110556789628928299
2006	0.0196	0.2272	122720	34208	13451	0.6067878858746492048	0.3932121141253507952
2007	0.022	0.2542	125420	42766	15142	0.6459336856381237431	0.3540663143618762569
2008	0.0233	0.2835	128350	53825	17122	0.6818950301904319554	0.3181049698095680446
2009	0.0026	0.2868	128680	64133	19858	0.6903622160198337829	0.3096377839801662171
2010	0.0184	0.3105	131050	71571	19998	0.7205851532045102066	0.2794148467954897934
2011	0.0292	0.3487	134870	79589	19428	0.7558959152646722537	0.2441040847353277463
2012	0.015	0.369	136900	88412	19869	0.7752680631588472153	0.2247319368411527847
2013	0.009	0.3813	138130	97796	21453	0.7806351998036729518	0.2193648001963270482
2014	0.0195	0.4083	140830	111440	21940	0.8031227566403445800	0.1968772433596554200
2015	0.0112	0.4241	142410	115259	21991	0.8092036196739517087	0.1907963803260482913
2016	0.0142	0.4443	144430	123410	22138	0.8206142127866461388	0.1793857872133538612
2017	0.0156	0.4668	146680	131581	22737	0.8272014956566677559	0.1727985043433322441
2018	0.023	0.5005	150050	151040	23208	0.8463453389830508474	0.1536546610169491526

Impact of inflation on the Ontario sunshine list

Site Content

Site Info