Microsoft has announced that effective December 1st 2018, the pricing for their Office 365 products will be increasing by 5%.
Below is the announcements from Microsoft for your review
General Messaging October 30, 2018. — Microsoft is announcing Canadian dollar pricelist changes for commercial online services, effective December 1, 2018. Microsoft periodically assesses the impact of its local pricing for software products and online services to ensure there is reasonable alignment across regions and this change is an outcome of this assessment. Starting December 1, 2018 Canadian dollar prices for online services will increase by 5% to realign close to global US dollar levels. For business customers, these changes will not affect existing orders under volume licensing agreements for products that are subject to price protection. However, prices for new product additions under such volume licensing agreements and purchases under new contracts will be as defined by the pricelist at the time of order. Customers across Canada buying online services in Canadian dollar will continue to find Microsoft cloud offerings highly competitive. Change will not apply to commercial on-premises software, consumer software, or consumer cloud services. For indirect sales where Microsoft products are sold through resellers, final prices and currency of sale will continue to be determined by resellers.