According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.17% per year. Prices in 1997 are 1059.0% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,158.97 in 1997, a difference of CA$1,058.97 over 60 years.
The inflation rate in 1997 was 0.78%.
|Cumulative price change||1058.97%|
|Average inflation rate||4.17%|
|Price difference (CA$100 base)||CA$1,058.97|
|CPI in 1937||7.8|
|CPI in 1997||90.4|
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: “1937 dollars in 1997 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-1997.