According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.85% per year. Prices in 2011 are 1365.9% higher than prices in 1940.
In other words, CA$100 in the year 1940 is equivalent in purchasing power to CA$1,465.85 in 2011, a difference of CA$1,365.85 over 71 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1365.85%|
|Average inflation rate||3.85%|
|Price difference (CA$100 base)||CA$1,365.85|
|CPI in 1940||8.2|
|CPI in 2011||120.2|
You may use the following MLA citation for this page: “1940 dollars in 2011 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1940-CAD-in-2011.