According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.16% per year. Prices in 2011 are 1178.7% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$1,278.72 in 2011, a difference of CA$1,178.72 over 82 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1178.72%|
|Average inflation rate||3.16%|
|Price difference (CA$100 base)||CA$1,178.72|
|CPI in 1929||9.4|
|CPI in 2011||120.2|
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 2011 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1929-CAD-in-2011.