Inflation

Impact of inflation on the Ontario sunshine list

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

Canadian consumer price index (CPI) has increased by 76.7% from 1996 to 2023 source
In 2023, there were 300,570 records on the sunshine list
If the threshold were to follow the CPI, the size of the 2023 list would have been reduced by 92%, to 22,754 records.
Put differently, in terms of the purchasing power of a Canadian Dollar buying Canadian goods and services, a $100,000 threshold in 2023 is equivalent to $56,588 in 1996.

Year	Cpi	CUMULATIVE_INFLATION	INDEXED THRESHOLD	CountWithoutInflation	CountWithInflation	PERCENT_REMOVED	PERCENT_REMAIN
1996	0.0000	0.0000	100000.0000	4494	4494	0.0000	1.0000
1997	0.0169	0.0169	101690.0000	5375	4910	0.0865	0.9135
1998	0.0100	0.0271	102710.0000	6290	5406	0.1405	0.8595
1999	0.0175	0.0450	104500.0000	8125	6370	0.2160	0.7840
2000	0.0269	0.0732	107320.0000	10349	6933	0.3301	0.6699
2001	0.0252	0.1002	110020.0000	13033	8286	0.3642	0.6358
2002	0.0225	0.1250	112500.0000	16691	9955	0.4036	0.5964
2003	0.0280	0.1565	115650.0000	20365	10064	0.5058	0.4942
2004	0.0185	0.1778	117780.0000	23246	10604	0.5438	0.4562
2005	0.0220	0.2038	120380.0000	27458	11277	0.5893	0.4107
2006	0.0196	0.2274	122740.0000	34108	13397	0.6072	0.3928
2007	0.0220	0.2544	125440.0000	42760	15126	0.6463	0.3537
2008	0.0233	0.2836	128360.0000	53802	17103	0.6821	0.3179
2009	0.0026	0.2869	128690.0000	64132	19853	0.6904	0.3096
2010	0.0184	0.3106	131060.0000	71571	19990	0.7207	0.2793
2011	0.0292	0.3489	134890.0000	79586	19412	0.7561	0.2439
2012	0.0150	0.3691	136910.0000	88687	19958	0.7750	0.2250
2013	0.0090	0.3814	138140.0000	97944	21481	0.7807	0.2193
2014	0.0195	0.4084	140840.0000	111510	21950	0.8032	0.1968
2015	0.0112	0.4241	142410.0000	115736	22063	0.8094	0.1906
2016	0.0142	0.4444	144440.0000	124282	22353	0.8201	0.1799
2017	0.0156	0.4669	146690.0000	131909	22781	0.8273	0.1727
2018	0.0230	0.5006	150060.0000	151375	23388	0.8455	0.1545
2019	0.0195	0.5299	152990.0000	167098	23878	0.8571	0.1429
2020	0.0074	0.5412	154120.0000	205606	26243	0.8724	0.1276
2021	0.0336	0.5930	159300.0000	244390	24934	0.8980	0.1020
2022	0.0678	0.7010	170100.0000	266903	21909	0.9179	0.0821
2023	0.0390	0.7673	176730.0000	300570	22754	0.9243	0.0757