According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.10% per year. Prices in 1997 are 1155.6% higher than prices in 1934.
In other words, CA$100 in 1934 is equivalent in purchasing power to CA$1,255.56 in 1997, a difference of CA$1,155.56 over 63 years.
The inflation rate in 1997 was 0.78%.
|Cumulative price change||1155.56%|
|Average inflation rate||4.10%|
|Converted amount (CA$100 base)||CA$1,255.56|
|Price difference (CA$100 base)||CA$1,155.56|
|CPI in 1934||7.2|
|CPI in 1997||90.4|
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: “1934 dollars in 1997 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018, https://www.officialdata.org/1934-CAD-in-1997.