According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.96% per year. Prices in 2001 are 1252.8% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$1,352.78 in 2001, a difference of CA$1,252.78 over 67 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||1252.78%|
|Average inflation rate||3.96%|
|Price difference (CA$100 base)||CA$1,252.78|
|CPI in 1934||7.2|
|CPI in 2001||97.4|
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 2001 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2018, https://www.officialdata.org/1934-CAD-in-2001.