According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.42% per year. Prices in 1980 are 463.4% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$563.41 in 1980, a difference of CA$463.41 over 40 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||463.41%|
|Average inflation rate||4.42%|
|Price difference (CA$100 base)||CA$463.41|
|CPI in 1940||8.2|
|CPI in 1980||46.2|
You may use the following MLA citation for this page: “1940 dollars in 1980 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2018, https://www.officialdata.org/1940-CAD-in-1980.