According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.16% per year. Prices in 2001 are 1148.7% higher than prices in 1939.
In other words, CA$100 in the year 1939 is equivalent in purchasing power to CA$1,248.72 in 2001, a difference of CA$1,148.72 over 62 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||1148.72%|
|Average inflation rate||4.16%|
|Price difference (CA$100 base)||CA$1,148.72|
|CPI in 1939||7.8|
|CPI in 2001||97.4|
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: “1939 dollars in 2001 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1939-CAD-in-2001.