According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.74% per year. Prices in 2014 are 1418.3% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,518.29 in 2014, a difference of CA$1,418.29 over 74 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1418.29%|
|Average inflation rate||3.74%|
|Price difference (CA$100 base)||CA$1,418.29|
|CPI in 1940||8.2|
|CPI in 2014||124.5|
You may use the following MLA citation for this page: “1940 dollars in 2014 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1940-CAD-in-2014.