According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.17% per year. Prices in 1980 are 391.5% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$491.49 in 1980, a difference of CA$391.49 over 51 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||391.49%|
|Average inflation rate||3.17%|
|Price difference (CA$100 base)||CA$391.49|
|CPI in 1929||9.4|
|CPI in 1980||46.2|
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: “1929 dollars in 1980 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1929-CAD-in-1980.