According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.46% per year. Prices in 1985 are 596.7% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$696.74 in 1985, a difference of CA$596.74 over 57 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||596.74%|
|Average inflation rate||3.46%|
|Price difference (CA$100 base)||CA$596.74|
|CPI in 1928||9.2|
|CPI in 1985||64.1|
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: “1928 dollars in 1985 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-1985.