The consumer price index (CPI) in 1936 was 7.5. Statistics Canada uses this CPI value to track inflation on a monthly basis.
According to Statistics Canada, the dollar experienced an average inflation rate of 3.59% per year. Prices in 2017 are 1638.7% higher than prices in 1936.
In other words, CA$1 in the year 1936 is equivalent to CA$17.39 in 2017, a difference of CA$16.39 over 81 years.
The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.
|Cumulative price change||1638.67%|
|Average inflation rate||3.59%|
|Price difference (CA$1 base)||CA$16.39|
|CPI in 1936||7.5|
|CPI in 2017||130.4|
Politics and news often play an important role in economic performance.