According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.95% per year. Prices in 2014 are 1268.1% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$1,368.13 in 2014, a difference of CA$1,268.13 over 90 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1268.13%|
|Average inflation rate||2.95%|
|Price difference (CA$100 base)||CA$1,268.13|
|CPI in 1924||9.1|
|CPI in 2014||124.5|
You may use the following MLA citation for this page: “1924 dollars in 2014 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2018, https://www.officialdata.org/1924-CAD-in-2014.