According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.64% per year. Prices in 1985 are 743.4% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$843.42 in 1985, a difference of CA$743.42 over 47 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||743.42%|
|Average inflation rate||4.64%|
|Price difference (CA$100 base)||CA$743.42|
|CPI in 1938||7.6|
|CPI in 1985||64.1|
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: “1938 dollars in 1985 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-1985.