# CA\$100 in 1940 → CA\$1,102.44 in 1997

## Canada Inflation Calculator

CA\$

### Canadian Inflation Rate, 1940-1997 (CA\$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.30% per year. Prices in 1997 are 1002.4% higher than prices in 1940.

In other words, CA\$100 in the year 1940 is equivalent in purchasing power to CA\$1,102.44 in 1997, a difference of CA\$1,002.44 over 57 years.

The inflation rate in 1997 was 0.78%.

 Cumulative price change 1002.44% Average inflation rate 4.30% Price difference (CA\$100 base) CA\$1,002.44 CPI in 1940 8.2 CPI in 1997 90.4

### How to calculate the inflation rate for CA\$100, 1940 to 1997

CPI in 1997 / CPI in 1940 * 1940 CAD value = 1997 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.2 in the year 1940 and 90.4 in 1997:

90.4 / 8.2 * CA\$100 = CA\$1,102.44

CA\$100 in 1940 has the same "purchasing power" as CA\$1,102.44 in 1997.

### Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1940 dollars in 1997 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1940-CAD-in-1997.