According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.29% per year. Prices in 2002 are 998.9% higher than prices in 1928.
In other words, CA$100 in 1928 is equivalent in purchasing power to CA$1,098.91 in 2002, a difference of CA$998.91 over 74 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||998.91%|
|Average inflation rate||3.29%|
|Converted amount (CA$100 base)||CA$1,098.91|
|Price difference (CA$100 base)||CA$998.91|
|CPI in 1928||9.2|
|CPI in 2002||101.1|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1928 dollars in 2002 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Jun. 2018, https://www.officialdata.org/1928-CAD-in-2002.