CA$100 in 1940 → CA$1,365.85 in 2007

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1940-2007 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.98% per year. Prices in 2007 are 1265.9% higher than prices in 1940.

In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,365.85 in 2007, a difference of CA$1,265.85 over 67 years.

The inflation rate in 2007 was 2.38%.

Inflation from 1940 to 2007
Cumulative price change 1265.85%
Average inflation rate 3.98%
Price difference (CA$100 base) CA$1,265.85
CPI in 1940 8.2
CPI in 2007 112


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1940 to 2007

This inflation calculator uses the following inflation rate formula:

CPI in 2007 / CPI in 1940 * 1940 CAD value = 2007 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.2 in the year 1940 and 112 in 2007:

112 / 8.2 * CA$100 = CA$1,365.85

CA$100 in 1940 has the same "purchasing power" as CA$1,365.85 in 2007.


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 2007 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 May. 2018, https://www.officialdata.org/1940-CAD-in-2007.


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