According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.58% per year. Prices in 1996 are 919.3% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$1,019.32 in 1996, a difference of CA$919.32 over 66 years.
The inflation rate in 1996 was 2.16%.
|Cumulative price change||919.32%|
|Average inflation rate||3.58%|
|Price difference (CA$100 base)||CA$919.32|
|CPI in 1930||8.8|
|CPI in 1996||89.7|
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: “1930 dollars in 1996 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1930-CAD-in-1996.