CA$100 in 1928 → CA$1,098.91 in 2002

Canada Inflation Calculator


Canadian Inflation Rate, CA$100 in 1928 to 2002

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%.

Inflation from 1928 to 2002
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

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$100, 1928 to 2002

This inflation calculator uses the following inflation rate formula:

CPI in 2002 / CPI in 1928 * 1928 CAD value = 2002 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.2 in the year 1928 and 101.1 in 2002:

101.1 / 9.2 * CA$100 = CA$1,098.91

CA$100 in 1928 has the same "purchasing power" or "buying power" as CA$1,098.91 in 2002.

News headlines from 1928

Politics and news often influence economic performance. Here's what was happening at the time:

  • Amelia Earhart becomes the first woman to fly across the Atlantic Ocean.
  • Jawaharlal Nehru requests Indian independence.
  • Alexander Fleming, a Scottish bacteriologist, accidentally discovers penicillin while studying influenza.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

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,

» Read more about inflation.