Canadian inflation rate in 1975: 9.42%

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Canadian Inflation Rate, 1975-2018 (CA$1)

The consumer price index (CPI) in 1975 was 30.2. 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 3.47% per year. Prices in 2018 are 333.4% higher than prices in 1975.

In other words, CA$1 in the year 1975 is equivalent in purchasing power to CA$4.33 in 2018, a difference of CA$3.33 over 43 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 1975 to 2018
Cumulative price change 333.44%
Average inflation rate 3.47%
Price difference (CA$1 base) CA$3.33
CPI in 1975 30.2
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1975

Start with the inflation rate formula:

CPI in 2018 / CPI in 1975 * 1975 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 30.2 in the year 1975 and 130.9 in 2018:

130.9 / 30.2 * CA$1 = CA$4.33

CA$1 in 1975 has the same "purchasing power" as CA$4.33 in 2018.


News headlines from 1975

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

  • Margaret Thatcher becomes leader of the British Conservative Party, after defeating Edward Heath.
  • Ethiopia abrogates its 3,000-year-old monarchy.
  • Bill Gates and Paul Allen found Microsoft.
  • The US signals the beginning of the end of its involvement Vietnam, after it begins to evacuate its citizens from Saigon.
  • Gough Whitlam is removed by Governor General Sir John Kerr: the first time an elected Prime Minister had been deposed in 200 years (Australia).

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 1975 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Apr. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1975.


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