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2025 CA Inflation Forecast


Throughout 2023, inflation ran red-hot, impacting virtually every aspect of fleet operations. While inflation began to cool in 2024, it remains a significant concern for most organizations and is perhaps the biggest x-factor fleet managers need to account for in 2025.

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Following several years of turbulence and macroeconomic challenges, 2024 finally brought some relief for fleet operators. Inflation cooled; interest rates declined; and the supply chain improved. With many of these headwinds now in the rearview mirror, most fleet operators now find themselves working to ensure their business is well positioned to capitalize on favorable conditions in 2025.

The Holman Consulting Services team has compiled an in-depth analysis of how the latest industry trends and economic conditions are affecting fleet operation across Canada. This comprehensive 2025 Canadian Inflation Forecast highlights how factors such as interest rates, new vehicle pricing, maintenance and fuel costs, and secondary market conditions are impacting each phase of the vehicle lifecycle – buy, drive, service, and sell.

Download Holman’s 2025 CA Inflation Forecast today for the insight and tangible advice you need to position your fleet for success in 2025 – and beyond.