According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.62% per year. Prices in 1989 are 774.7% higher than prices in 1941.
In other words, CA$100 in 1941 is equivalent in purchasing power to CA$874.71 in 1989, a difference of CA$774.71 over 48 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||774.71%|
|Average inflation rate||4.62%|
|Converted amount (CA$100 base)||CA$874.71|
|Price difference (CA$100 base)||CA$774.71|
|CPI in 1941||8.7|
|CPI in 1989||76.1|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1941 dollars in 1989 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jun. 2018, https://www.officialdata.org/1941-CAD-in-1989.