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Est. cost (in billions USD) at or near time of completion Est. cost (in billions USD), adjusted for inflation Start of construction Year of completion Image Notes Confederation Line: Rapid transit Canada: Ottawa: 5.1 [130] 6 2013 [131] Completed 2019 (stage 1) Expected 2026 (stage 2) $2.1 billion + $4.66 billion CA$ [130] Lusail Tram: Light ...
This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
Ottawa–Gatineau (Census Metropolitan Area) 98,693 64,072 6 Edmonton (Census Metropolitan Area) 93,271 63,346 7 Quebec (Census Metropolitan Area) 52,555 62,212 8 Winnipeg (Census Metropolitan Area) 48,388 56,250 9 Hamilton (Census Metropolitan Area) 41,169 50,343 10 Tri-Cities (Census Metropolitan Area) 37,144 61,670 11 London (Census ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas.
Also assume that the inflation in this economy is 2% per year: Year 1: $20,000; Year 2: $20,400; Year 3: $20,808; Real wage = W/i (W = wage, i = inflation, can also be subjugated as interest). If the figures shown are real wages, then wages have increased by 2% after inflation has been taken into account.
The economy of Ontario is diversified. Ontario is the largest economy in Canada , making up around 38% of Canadian GDP. [ 1 ] [ 2 ] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [ 3 ]
It would raise their "bottom line, while forcing Ontario's minority Liberal government to find the difference ahead of a budget that [had] the potential of triggering a provincial election." [16] In 2013–2014, Ontario's per capita payments were the lowest at $230.20. [7] As of 2019–2020 Ontario stopped receiving equalization payments. [16]