According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.72% per year. Prices in 2011 are 1569.4% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$1,669.44 in 2011, a difference of CA$1,569.44 over 77 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1569.44%|
|Average inflation rate||3.72%|
|Price difference (CA$100 base)||CA$1,569.44|
|CPI in 1934||7.2|
|CPI in 2011||120.2|
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 2011 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1934-CAD-in-2011.