According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.83% per year. Prices in 2007 are 1455.6% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$1,555.56 in 2007, a difference of CA$1,455.56 over 73 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||1455.56%|
|Average inflation rate||3.83%|
|Price difference (CA$100 base)||CA$1,455.56|
|CPI in 1934||7.2|
|CPI in 2007||112|
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 2007 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1934-CAD-in-2007.