According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.47% per year. Prices in 2018 are 333.4% higher than prices in 1975.
In other words, CA$1 in the year 1975 is equivalent in purchasing power to CA$4.33 in 2018, a difference of CA$3.33 over 43 years.
Compared to last year's annual rate, the inflation rate in 2018 is now 0.38%1. If this number holds, CA$1 today would be equivalent to CA$1.00 next year.
|Cumulative price change||333.44%|
|Average inflation rate||3.47%|
|Price difference (CA$1 base)||CA$3.33|
|CPI in 1975||30.2|
|CPI in 2018||130.9|
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: “CA$1 in 1975 → 2018 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 May. 2018, https://www.officialdata.org/1975-CAD-in-2018?amount=1.