According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.68% per year. Prices in 1985 are 681.7% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$781.71 in 1985, a difference of CA$681.71 over 45 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||681.71%|
|Average inflation rate||4.68%|
|Price difference (CA$100 base)||CA$681.71|
|CPI in 1940||8.2|
|CPI in 1985||64.1|
You may use the following MLA citation for this page: “1940 dollars in 1985 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1940-CAD-in-1985.