According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.04% per year. Prices in 2005 are 1212.2% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,312.20 in 2005, a difference of CA$1,212.20 over 65 years.
The inflation rate in 2005 was 2.09%.
|Cumulative price change||1212.20%|
|Average inflation rate||4.04%|
|Price difference (CA$100 base)||CA$1,212.20|
|CPI in 1940||8.2|
|CPI in 2005||107.6|
You may use the following MLA citation for this page: “1940 dollars in 2005 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1940-CAD-in-2005.