PlayStation 5 Price Increase Hits Canada And The Globe On April 2

A group shot of the PlayStation 5, PlayStation 5 Pro, and PlayStation Portal highlighting the new April 2, 2026, pricing for Canada and globally.
PlayStation hardware prices are officially increasing in Canada and globally on April 2, 2026.

By Jon Scarr 

I have always been a firm believer that gaming should be accessible, but the global economic landscape is making that harder by the day. After years of consoles typically getting cheaper as they age, we are living through a generation where PlayStation hardware is actually getting more expensive.

PlayStation’s latest announcement is a blunt reminder of that reality, especially for those of us in Canada. As I’ve noted before, you didn't just buy a console, you joined an ecosystem, and that makes these price jumps even harder to ignore.

New PlayStation Pricing Hits April 2

Starting April 2, 2026, PlayStation is officially increasing the recommended retail price for the PlayStation 5, PlayStation 5 Pro, and PlayStation Portal in Canada and the rest of the world. According to the official PlayStation Blog, this move follows a careful evaluation of current macroeconomic pressures and the rising cost of components like memory chips. We’ve seen similar trends recently with the Epic Games layoffs and V-Bucks price hikes, showing that the entire industry is feeling the squeeze.

If you have been thinking about upgrading to a PlayStation 5 Pro or grabbing a PlayStation Portal for remote play, you have less than a week to do so before the new rates kick in across all major global markets. While PlayStation claims this is a necessary step to ensure high-quality gaming experiences, it effectively puts a ticking clock on current PlayStation pricing.

The New Canadian Pricing Breakdown

The price jumps are significant across the board for the PlayStation family. Here is exactly what you will be paying at retail starting next week:

Hardware Model New Canadian Price (RRP)
PlayStation 5 (Standard with Disc Drive) $819.99 CAD
PlayStation 5 Digital Edition $749.99 CAD
PlayStation 5 Pro $1,099.99 CAD
PlayStation Portal $319.99 CAD

Comparing Canadian PlayStation Prices To The United States

While an $1,100 console sounds like a massive investment (and it is), there is an interesting wrinkle for those of us north of the border. When you compare these new Canadian prices to the updated U.S. pricing, Canadians are actually getting a bit of a break. This plays into the larger question of whether the traditional console war even matters anymore when the focus has shifted so heavily toward ecosystem retention and regional value.

In the United States, the PlayStation 5 Pro is jumping to $899.99 USD. At current exchange rates, that $900 USD price tag converts to roughly $1,250 CAD. By keeping our "Pro" price at $1,099.99, PlayStation is essentially giving Canadian gamers a relative discount compared to our neighbours to the south. The same logic applies to the Standard PlayStation 5: while it is $819.99 here, the $649.99 USD price converts to nearly $900 CAD.

It is a small comfort when you are tapping your credit card, but it is worth noting that PlayStation has not simply used a straight currency conversion to set these new Canadian marks.

Beating The April 2 PlayStation Price Increase

If you are currently in the market for a new PlayStation console, my advice is simple: buy it before April 2. Most major retailers like Best Buy Canada, Amazon, and GameStop will likely hold the current pricing until the official deadline. This is likely the last time we will see the Standard PlayStation 5 under the $800 mark for the foreseeable future.

I have always prioritized finding the best value for my setup, and right now, that value is disappearing fast. Whether you are looking for the raw power of the PlayStation 5 Pro or just want a base unit to play the latest exclusives, the window for a fair price is closing. It is a tough pill to swallow, but at least we can still say it happens on PS5, even if it costs a bit more to get there.


About the author
Jon Scarr author photo

Jon Scarr

4ScarrsGaming Owner / Operator & Editor-in-Chief

Jon covers video game news, reviews, industry shifts, cloud gaming, plus movies, TV, and toys, with an eye on how entertainment fits into everyday life.

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