According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.49% per year. Prices in 1984 are 687.2% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$787.18 in 1984, a difference of CA$687.18 over 47 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||687.18%|
|Average inflation rate||4.49%|
|Price difference (CA$100 base)||CA$687.18|
|CPI in 1937||7.8|
|CPI in 1984||61.4|
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: “1937 dollars in 1984 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1937-CAD-in-1984.