Canadian inflation rate in 1982: 9.27%

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Canadian Inflation Rate, 1982-2018 (CA$1)

The consumer price index (CPI) in 1982 was 56.6. 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 2.36% per year. Prices in 2018 are 131.3% higher than prices in 1982.

In other words, CA$1 in the year 1982 is equivalent in purchasing power to CA$2.31 in 2018, a difference of CA$1.31 over 36 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 1982 to 2018
Cumulative price change 131.27%
Average inflation rate 2.36%
Price difference (CA$1 base) CA$1.31
CPI in 1982 56.6
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1982

Start with the inflation rate formula:

CPI in 2018 / CPI in 1982 * 1982 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 56.6 in the year 1982 and 130.9 in 2018:

130.9 / 56.6 * CA$1 = CA$2.31

CA$1 in 1982 has the same "purchasing power" as CA$2.31 in 2018.


News headlines from 1982

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

  • The Falkland Islands are seized from Great Britain by several thousand Argentine troops.
  • Canada's constitution is adopted.
  • The General Belgrano, an Argentine cruiser is sunk by Conqueror, a British Submarine; more than 350 men are killed
  • Argentina surrenders to Great Britain ending the Falklands conflict.

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 1982 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1982.


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