According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.34% per year. Prices in 1981 are 451.1% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$551.06 in 1981, a difference of CA$451.06 over 52 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||451.06%|
|Average inflation rate||3.34%|
|Price difference (CA$100 base)||CA$451.06|
|CPI in 1929||9.4|
|CPI in 1981||51.8|
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: “1929 dollars in 1981 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1929-CAD-in-1981.