According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.60% per year. Prices in 1981 are 531.7% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$631.71 in 1981, a difference of CA$531.71 over 41 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||531.71%|
|Average inflation rate||4.60%|
|Price difference (CA$100 base)||CA$531.71|
|CPI in 1940||8.2|
|CPI in 1981||51.8|
You may use the following MLA citation for this page: “1940 dollars in 1981 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1940-CAD-in-1981.