According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.41% per year. Prices in 1995 are 970.7% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,070.73 in 1995, a difference of CA$970.73 over 55 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||970.73%|
|Average inflation rate||4.41%|
|Price difference (CA$100 base)||CA$970.73|
|CPI in 1940||8.2|
|CPI in 1995||87.8|
You may use the following MLA citation for this page: “1940 dollars in 1995 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1940-CAD-in-1995.