According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.64% per year. Prices in 1991 are 911.0% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,010.98 in 1991, a difference of CA$910.98 over 51 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||910.98%|
|Average inflation rate||4.64%|
|Price difference (CA$100 base)||CA$910.98|
|CPI in 1940||8.2|
|CPI in 1991||82.9|
You may use the following MLA citation for this page: “1940 dollars in 1991 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1940-CAD-in-1991.