According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.32% per year. Prices in 1999 are 918.5% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$1,018.48 in 1999, a difference of CA$918.48 over 71 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||918.48%|
|Average inflation rate||3.32%|
|Price difference (CA$100 base)||CA$918.48|
|CPI in 1928||9.2|
|CPI in 1999||93.7|
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: “1928 dollars in 1999 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-1999.