According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.66% per year. Prices in 2017 are 1490.2% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,590.24 in 2017, a difference of CA$1,490.24 over 77 years.
The inflation rate in 2017 was 1.56%.
|Cumulative price change||1490.24%|
|Average inflation rate||3.66%|
|Price difference (CA$100 base)||CA$1,490.24|
|CPI in 1940||8.2|
|CPI in 2017||130.4|
You may use the following MLA citation for this page: “1940 dollars in 2017 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1940-CAD-in-2017.