According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.25% per year. Prices in 2005 are 1069.6% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$1,169.57 in 2005, a difference of CA$1,069.57 over 77 years.
The inflation rate in 2005 was 2.09%.
|Cumulative price change||1069.57%|
|Average inflation rate||3.25%|
|Price difference (CA$100 base)||CA$1,069.57|
|CPI in 1928||9.2|
|CPI in 2005||107.6|
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 2005 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-2005.