According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.63% per year. Prices in 2014 are 1629.2% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$1,729.17 in 2014, a difference of CA$1,629.17 over 80 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1629.17%|
|Average inflation rate||3.63%|
|Price difference (CA$100 base)||CA$1,629.17|
|CPI in 1934||7.2|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1934-CAD-in-2014.