According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.37% per year. Prices in 1987 are 866.7% higher than prices in 1934.
In other words, CA$100 in the year 1934 is equivalent in purchasing power to CA$966.67 in 1987, a difference of CA$866.67 over 53 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||866.67%|
|Average inflation rate||4.37%|
|Price difference (CA$100 base)||CA$866.67|
|CPI in 1934||7.2|
|CPI in 1987||69.6|
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: “1934 dollars in 1987 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1934-CAD-in-1987.