According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.58% per year. Prices in 2017 are 1571.8% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,671.79 in 2017, a difference of CA$1,571.79 over 80 years.
The inflation rate in 2017 was 1.56%.
|Cumulative price change||1571.79%|
|Average inflation rate||3.58%|
|Price difference (CA$100 base)||CA$1,571.79|
|CPI in 1937||7.8|
|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: “1937 dollars in 2017 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 May. 2018, https://www.officialdata.org/1937-CAD-in-2017.