According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.55% per year. Prices in 2017 are 1711.1% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$1,811.11 in 2017, a difference of CA$1,711.11 over 83 years.
The inflation rate in 2017 was 1.56%.
|Cumulative price change||1711.11%|
|Average inflation rate||3.55%|
|Price difference (CA$100 base)||CA$1,711.11|
|CPI in 1934||7.2|
|CPI in 2017||130.4|
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 2017 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1934-CAD-in-2017.