According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.08% per year. Prices in 2014 are 1253.3% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$1,353.26 in 2014, a difference of CA$1,253.26 over 86 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1253.26%|
|Average inflation rate||3.08%|
|Price difference (CA$100 base)||CA$1,253.26|
|CPI in 1928||9.2|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-2014.