According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.65% per year. Prices in 1984 are 605.7% higher than prices in 1941.
In other words, CA$100 in the year 1941 is equivalent in purchasing power to CA$705.75 in 1984, a difference of CA$605.75 over 43 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||605.75%|
|Average inflation rate||4.65%|
|Price difference (CA$100 base)||CA$605.75|
|CPI in 1941||8.7|
|CPI in 1984||61.4|
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: “1941 dollars in 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1941-CAD-in-1984.