CA$100 in 1941 → CA$800 in 1987

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1941-1987 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.62% per year. Prices in 1987 are 700.0% higher than prices in 1941.

In other words, CA$100 in the year 1941 is equivalent in purchasing power to CA$800 in 1987, a difference of CA$700.00 over 46 years.

The inflation rate in 1987 was 4.19%.

Inflation from 1941 to 1987
Cumulative price change 700.00%
Average inflation rate 4.62%
Price difference (CA$100 base) CA$700.00
CPI in 1941 8.7
CPI in 1987 69.6


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1941 to 1987

This inflation calculator uses the following inflation rate formula:

CPI in 1987 / CPI in 1941 * 1941 CAD value = 1987 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.7 in the year 1941 and 69.6 in 1987:

69.6 / 8.7 * CA$100 = CA$800

CA$100 in 1941 has the same "purchasing power" as CA$800 in 1987.


News headlines from 1941

Politics and news often influence economic performance. Here's what was happening at the time:

  • 6,000 Jews are exterminated in the Bucharest pogrom in Romania.
  • Kuomintang troops open fire at communist forces, leading to the resumption of the Chinese civil war.
  • The British battle cruiser the HMS Hood is sunk by the German Battleship Bismarck, leading to 1,416 dead and only 3 survivors.
  • Germany, Italy, and Romania declare war on the Soviet Union.

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: “1941 dollars in 1987 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1941-CAD-in-1987.


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