According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.33% per year. Prices in 1989 are 971.8% higher than prices in 1933.
In other words, CA$100 in the year 1933 is equivalent in purchasing power to CA$1,071.83 in 1989, a difference of CA$971.83 over 56 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||971.83%|
|Average inflation rate||4.33%|
|Price difference (CA$100 base)||CA$971.83|
|CPI in 1933||7.1|
|CPI in 1989||76.1|
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: “1933 dollars in 1989 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1933-CAD-in-1989.