$100 in 2007 is equivalent in purchasing power to about $112.30 in 2014, an increase of $12.30 over 7 years. The dollar had an average inflation rate of 1.67% per year between 2007 and 2014, producing a cumulative price increase of 12.30%.
This means that prices in 2014 are 1.12 times as high as average prices since 2007, according to Statistics Canada consumer price index.
The inflation rate in 2007 was 2.14%. The inflation rate in 2014 was 1.91%. The 2014 inflation rate is lower compared to the average inflation rate of 2.36% per year between 2014 and 2025.
Cumulative price change | 12.30% |
Average inflation rate | 1.67% |
Converted amount $100 base | $112.30 |
Price difference $100 base | $12.30 |
CPI in 2007 | 111.450 |
CPI in 2014 | 125.158 |
Inflation in 2007 | 2.14% |
Inflation in 2014 | 1.91% |
$100 in 2007 | $112.30 in 2014 |
This chart shows a calculation of buying power equivalence for $100 in 2007 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $112.30 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $112.30 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2007 dollars, the chart below shows how $100 is worth less over 7 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2007 amounts in 2014 dollars, based on the 12.30% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 2007 | $1.12 dollars in 2014 |
$5 dollars in 2007 | $5.61 dollars in 2014 |
$10 dollars in 2007 | $11.23 dollars in 2014 |
$50 dollars in 2007 | $56.15 dollars in 2014 |
$100 dollars in 2007 | $112.30 dollars in 2014 |
$500 dollars in 2007 | $561.50 dollars in 2014 |
$1,000 dollars in 2007 | $1,123.00 dollars in 2014 |
$5,000 dollars in 2007 | $5,615.00 dollars in 2014 |
$10,000 dollars in 2007 | $11,230.00 dollars in 2014 |
$50,000 dollars in 2007 | $56,149.99 dollars in 2014 |
$100,000 dollars in 2007 | $112,299.99 dollars in 2014 |
$500,000 dollars in 2007 | $561,499.93 dollars in 2014 |
$1,000,000 dollars in 2007 | $1,122,999.85 dollars in 2014 |
Our calculations use the following inflation rate formula to calculate the change in value between 2007 and 2014:
Then plug in historical CPI values. The Canadian CPI was 111.45 in the year 2007 and 125.1583333 in 2014:
$100 in 2007 has the same "purchasing power" or "buying power" as $112.30 in 2014.
To get the total inflation rate for the 7 years between 2007 and 2014, we use the following formula:
Plugging in the values to this equation, we get:
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: “2007 dollars in 2014 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/2007-CAD-in-2014.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Cumulative price change | 12.30% |
Average inflation rate | 1.67% |
Converted amount $100 base | $112.30 |
Price difference $100 base | $12.30 |
CPI in 2007 | 111.450 |
CPI in 2014 | 125.158 |
Inflation in 2007 | 2.14% |
Inflation in 2014 | 1.91% |
$100 in 2007 | $112.30 in 2014 |