According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.67% per year. Prices in 1987 are 792.3% higher than prices in 1939.
In other words, CA$100 in the year 1939 is equivalent in purchasing power to CA$892.31 in 1987, a difference of CA$792.31 over 48 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||792.31%|
|Average inflation rate||4.67%|
|Price difference (CA$100 base)||CA$792.31|
|CPI in 1939||7.8|
|CPI in 1987||69.6|
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: “1939 dollars in 1987 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1939-CAD-in-1987.