According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.41% per year. Prices in 1989 are 928.4% higher than prices in 1935.
In other words, CA$100 in the year 1935 is equivalent in purchasing power to CA$1,028.38 in 1989, a difference of CA$928.38 over 54 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||928.38%|
|Average inflation rate||4.41%|
|Price difference (CA$100 base)||CA$928.38|
|CPI in 1935||7.4|
|CPI in 1989||76.1|
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: “1935 dollars in 1989 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1935-CAD-in-1989.