According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 1.15% per year. Prices in 2018 are 3.5% higher than prices in 2015.
In other words, CA$1 in the year 2015 is equivalent in purchasing power to CA$1.03 in 2018, a difference of CA$0.03 over 3 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||3.48%|
|Average inflation rate||1.15%|
|Price difference (CA$1 base)||CA$0.03|
|CPI in 2015||126.5|
|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 2015 → 2018 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 May. 2018, https://www.officialdata.org/2015-CAD-in-2018?amount=1.