CA$100 in 1965 → CA$765.50 in 2018

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1965-2018 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.91% per year. Prices in 2018 are 665.5% higher than prices in 1965.

In other words, CA$100 in the year 1965 is equivalent in purchasing power to CA$765.50 in 2018, a difference of CA$665.50 over 53 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 0.38%1. If this number holds, CA$100 today would be equivalent to CA$100.38 next year.

Inflation from 1965 to 2018
Cumulative price change 665.50%
Average inflation rate 3.91%
Price difference (CA$100 base) CA$665.50
CPI in 1965 17.1
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100 since 1965

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1965 * 1965 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 17.1 in the year 1965 and 130.9 in 2018:

130.9 / 17.1 * CA$100 = CA$765.50

CA$100 in 1965 has the same "purchasing power" as CA$765.50 in 2018.


News headlines from 1965

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

  • Aleksei Leonov, a Soviet cosmonaut, makes the first Spacewalk, when he leaves the Hos spacecraft for 12 minutes.
  • Winston Churchill, is given the largest state funeral ever, it takes place in St Paul's Cathedral, London.
  • The Supreme Court legalises the use of contraception by married couples.
  • France becomes the third nation in space, after launching its first satellite.
  • Lyndon B. Johnson, US President, signs the Voting Rights Act, making voting discrimination against minorities illegal.

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: “CA$100 in 1965 → 2018 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1965-CAD-in-2018?amount=100.


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