CA$100 in 1937 → CA$1,351.28 in 2004

Canada Inflation Calculator


Canadian Inflation Rate, 1937-2004 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.96% per year. Prices in 2004 are 1251.3% higher than prices in 1937.

In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,351.28 in 2004, a difference of CA$1,251.28 over 67 years.

The inflation rate in 2004 was 2.13%.

Inflation from 1937 to 2004
Cumulative price change 1251.28%
Average inflation rate 3.96%
Price difference (CA$100 base) CA$1,251.28
CPI in 1937 7.8
CPI in 2004 105.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$100, 1937 to 2004

This inflation calculator uses the following inflation rate formula:

CPI in 2004 / CPI in 1937 * 1937 CAD value = 2004 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.8 in the year 1937 and 105.4 in 2004:

105.4 / 7.8 * CA$100 = CA$1,351.28

CA$100 in 1937 has the same "purchasing power" as CA$1,351.28 in 2004.

News headlines from 1937

Politics and news often influence economic performance. Here's what was happening at the time:

  • The Second Sino-Japanese War starts when Japanese and Chinese troops clash at the Marco Polo Bridge.
  • 193,000 Russians are executed by order of the Politburo's Operative Order 00447.
  • Adolf Hitler and his military leaders hold a secret meeting where he reveals his plan to go to war.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1937 dollars in 2004 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018,

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