Canada’s wireless prices drop by 2.6% in 2022
Ottawa: The federal government on Friday announced the results of the 15th annual Price Comparison Study of Telecom Services and revealed that wireless prices declined by an average of 2.6% across all levels in the country, with declines up to 16% for the largest data plans in 2022.
François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the publication of the 2022 Price Comparison Study of Telecom Services, an annual report that tracks the prices for wireless and home Internet services.
For home Internet, prices declined or were stable, an 11% decline was recorded for mid-range plans. The report also shows that regional competitors are offering prices up to 39% lower than the major national service providers.
In another indication of declining prices, in January 2023, Statistics Canada’s Consumer Price Index showed that prices for cellular services declined almost 30% from 2019 to 2022, the government said ij a statement.
