CA\$100 in 1940 → CA\$1,187.80 in 2001

CA\$

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.14% per year. Prices in 2001 are 1087.8% higher than prices in 1940.

In other words, CA\$100 in the year 1940 is equivalent in purchasing power to CA\$1,187.80 in 2001, a difference of CA\$1,087.80 over 61 years.

The inflation rate in 2001 was 0.72%.

 Cumulative price change 1087.80% Average inflation rate 4.14% Price difference (CA\$100 base) CA\$1,087.80 CPI in 1940 8.2 CPI in 2001 97.4

How to calculate the inflation rate for CA\$100, 1940 to 2001

This inflation calculator uses the following inflation rate formula:

CPI in 2001 / CPI in 1940 * 1940 CAD value = 2001 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.2 in the year 1940 and 97.4 in 2001:

97.4 / 8.2 * CA\$100 = CA\$1,187.80

CA\$100 in 1940 has the same "purchasing power" as CA\$1,187.80 in 2001.

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: “1940 dollars in 2001 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 28 May. 2018, https://www.officialdata.org/1940-CAD-in-2001.