Canadian inflation rate in 1935: 2.78%

Canada Inflation Calculator


Canadian Inflation Rate, 1935-2018 (CA$1)

The consumer price index (CPI) in 1935 was 7.4. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.52% per year. Prices in 2018 are 1668.9% higher than prices in 1935.

In other words, CA$1 in the year 1935 is equivalent in purchasing power to CA$17.69 in 2018, a difference of CA$16.69 over 83 years.

The current inflation rate in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.

Inflation from 1935 to 2018
Cumulative price change 1668.92%
Average inflation rate 3.52%
Price difference (CA$1 base) CA$16.69
CPI in 1935 7.4
CPI in 2018 130.9

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 1935

Start with the inflation rate formula:

CPI in 2018 / CPI in 1935 * 1935 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.4 in the year 1935 and 130.9 in 2018:

130.9 / 7.4 * CA$1 = CA$17.69

CA$1 in 1935 has the same "purchasing power" as CA$17.69 in 2018.

News headlines from 1935

Politics and news often influence economic performance. Here's what was happening at the time:

  • Hitler violates the Treaty of Versailles by ordering German rearmament.
  • In an event known as "Black Sunday", a severe sandstorm strikes the US Midwest, coining the term "Dust Bowl".
  • Communist forces end their Long March bringing Mao Zedong to prominence.
  • First trans-pacific airmail flight by a flying boat the "China Clipper" that took off from Alameda, California

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: “Inflation Rate in 1935 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018,

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