Canada Inflation Calculator
Canadian Inflation Rate, CA$100 in 1927 to 2019
According to Statistics Canada consumer price index, today's prices in 2019 are 1,365.93% higher than average prices throughout 1927. The dollar experienced an average inflation rate of 2.96% per year during this period, meaning the real value of a dollar decreased.
In other words, CA$100 in 1927 is equivalent in purchasing power to about CA$1,465.93 in 2019, a difference of CA$1,365.93 over 92 years.
The 1927 inflation rate was -1.09%. The current inflation rate (2018 to 2019) is now 1.99%1. If this number holds, CA$100 today will be equivalent in buying power to CA$101.99 next year.
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| Cumulative price change | 1,365.93% |
| Average inflation rate | 2.96% |
| Converted amount (CA$100 base) | CA$1,465.93 |
| Price difference (CA$100 base) | CA$1,365.93 |
| CPI in 1927 | 9.100 |
| CPI in 2019 | 133.400 |
| Inflation in 1927 | -1.09% |
| Inflation in 2019 | 1.99% |
Buying power of CA$100 in 1927
This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA$100 in 1927 (price index tracking began in 1914).
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
How to Calculate Inflation Rate for CA$100 since 1927
This inflation calculator uses the following inflation rate formula:
CPI in 2019CPI in 1927
×
1927 CAD value
=
2019 CAD value
Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1927 and 133.4 in 2019:
133.49.1
×
CA$100
=
CA$1,465.93
CA$100 in 1927 has the same "purchasing power" or "buying power" as CA$1,465.93 in 2019.
To get the total inflation rate for the 92 years between 1927 and 2019, we use the following formula:
CPI in 2019 - CPI in 1927CPI in 1927
×
100
=
Cumulative inflation rate (92 years)
Plugging in the values to this equation, we get:
133.4 - 9.19.1
×
100
=
1,366%
News headlines from 1927
Politics and news often influence economic performance. Here's what was happening at the time:
- The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
- Charles Lindbergh completes the first non-stop flight over the Atlantic.
- Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.
Data Source & Citation
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: “1927 dollars in 2019 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Nov. 2019, https://www.officialdata.org/1927-CAD-in-2019.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 1,365.93% |
| Average inflation rate | 2.96% |
| Converted amount (CA$100 base) | CA$1,465.93 |
| Price difference (CA$100 base) | CA$1,365.93 |
| CPI in 1927 | 9.100 |
| CPI in 2019 | 133.400 |
| Inflation in 1927 | -1.09% |
| Inflation in 2019 | 1.99% |