According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.65% per year. Prices in 1989 are 828.0% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$928.05 in 1989, a difference of CA$828.05 over 49 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||828.05%|
|Average inflation rate||4.65%|
|Price difference (CA$100 base)||CA$828.05|
|CPI in 1940||8.2|
|CPI in 1989||76.1|
You may use the following MLA citation for this page: “1940 dollars in 1989 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1940-CAD-in-1989.