CA$100 in 1940 → CA$1,093.90 in 1996

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1940 to 1996

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.36% per year. Prices in 1996 are 993.9% higher than prices in 1940.

In other words, CA$100 in 1940 is equivalent in purchasing power to CA$1,093.90 in 1996, a difference of CA$993.90 over 56 years.

The inflation rate in 1996 was 2.16%.

Inflation from 1940 to 1996
Cumulative price change 993.90%
Average inflation rate 4.36%
Converted amount (CA$100 base) CA$1,093.90
Price difference (CA$100 base) CA$993.90
CPI in 1940 8.2
CPI in 1996 89.7


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1940 to 1996

This inflation calculator uses the following inflation rate formula:

CPI in 1996 / CPI in 1940 * 1940 CAD value = 1996 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.2 in the year 1940 and 89.7 in 1996:

89.7 / 8.2 * CA$100 = CA$1,093.90

CA$100 in 1940 has the same "purchasing power" or "buying power" as CA$1,093.90 in 1996.


Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “CA$100 in 1940 → 1996 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/1940-CAD-in-1996?amount=100.


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