According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.37% per year. Prices in 1996 are 885.7% higher than prices in 1927.
In other words, CA$100 in the year 1927 is equivalent in purchasing power to CA$985.71 in 1996, a difference of CA$885.71 over 69 years.
The inflation rate in 1996 was 2.16%.
|Cumulative price change||885.71%|
|Average inflation rate||3.37%|
|Price difference (CA$100 base)||CA$885.71|
|CPI in 1927||9.1|
|CPI in 1996||89.7|
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: “1927 dollars in 1996 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1927-CAD-in-1996.