According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.22% per year. Prices in 1999 are 1042.7% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,142.68 in 1999, a difference of CA$1,042.68 over 59 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||1042.68%|
|Average inflation rate||4.22%|
|Price difference (CA$100 base)||CA$1,042.68|
|CPI in 1940||8.2|
|CPI in 1999||93.7|
You may use the following MLA citation for this page: “1940 dollars in 1999 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1940-CAD-in-1999.