According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.47% per year. Prices in 1994 are 818.1% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$918.09 in 1994, a difference of CA$818.09 over 65 years.
The inflation rate in 1994 was 0.23%.
|Cumulative price change||818.09%|
|Average inflation rate||3.47%|
|Price difference (CA$100 base)||CA$818.09|
|CPI in 1929||9.4|
|CPI in 1994||86.3|
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 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1929-CAD-in-1994.