Between 2020 and 2024, annual inflation in Canada & USA averaged roughly 4–5%, compared with about 2% in the preceding decade. The CPI surged in 2021–2022, reaching highs of around 8%, before slowing to about 3–4% by 2024 as interest rates rose and supply chains normalized. Despite this moderation, real purchasing power has declined, as cumulative price increases over the period exceed 20%.
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I don’t know if anyone has noticed that the price of new cars/trucks has substantially increased compared to the reported inflation rate.
Car Edge has an article where they state that “In 2025, the average new car sells for $48,749, a 30% increase from five years prior”.
https://caredge.com/guides/car-price-inflation
And they have a chart of major car manufacturers’ price increase which is rather shocking:
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President Trump began imposing tariffs on various industries during his first term in office, and in his second term, he has significantly expanded them to cover a wide range of industries and countries. These tariffs are expected to contribute to higher inflation in the coming years.
The bottom line is that Capitalware will be adjusting our product prices to reflect the new economic realities we’re all facing. Beginning January 1st, 2026, most individual product prices will increase by at least 15%. Please note that Enterprise License prices will remain unchanged.
Regards,
Roger Lacroix
Capitalware Inc.
