According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.84% per year. Prices in 2008 are 1352.6% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,452.56 in 2008, a difference of CA$1,352.56 over 71 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1352.56%|
|Average inflation rate||3.84%|
|Price difference (CA$100 base)||CA$1,352.56|
|CPI in 1937||7.8|
|CPI in 2008||113.3|
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 2008 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-2008.