According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.48% per year. Prices in 1989 are 875.6% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$975.64 in 1989, a difference of CA$875.64 over 52 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||875.64%|
|Average inflation rate||4.48%|
|Price difference (CA$100 base)||CA$875.64|
|CPI in 1937||7.8|
|CPI in 1989||76.1|
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 1989 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1937-CAD-in-1989.