According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.13% per year. Prices in 2002 are 1132.9% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,232.93 in 2002, a difference of CA$1,132.93 over 62 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||1132.93%|
|Average inflation rate||4.13%|
|Price difference (CA$100 base)||CA$1,132.93|
|CPI in 1940||8.2|
|CPI in 2002||101.1|
You may use the following MLA citation for this page: “1940 dollars in 2002 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1940-CAD-in-2002.