According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.72% per year. Prices in 2015 are 1442.7% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,542.68 in 2015, a difference of CA$1,442.68 over 75 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1442.68%|
|Average inflation rate||3.72%|
|Price difference (CA$100 base)||CA$1,442.68|
|CPI in 1940||8.2|
|CPI in 2015||126.5|
You may use the following MLA citation for this page: “1940 dollars in 2015 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1940-CAD-in-2015.