According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.29% per year. Prices in 2003 are 997.9% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$1,097.87 in 2003, a difference of CA$997.87 over 74 years.
The inflation rate in 2003 was 2.08%.
|Cumulative price change||997.87%|
|Average inflation rate||3.29%|
|Price difference (CA$100 base)||CA$997.87|
|CPI in 1929||9.4|
|CPI in 2003||103.2|
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 2003 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1929-CAD-in-2003.