Canadian inflation rate in 1982: 9.27%

Canada Inflation Calculator


Canadian Inflation Rate, 1982-2017 (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, the dollar experienced an average inflation rate of 2.41% per year. Prices in 2017 are 130.4% higher than prices in 1982.

In other words, CA$1 in the year 1982 is equivalent to CA$2.30 in 2017, a difference of CA$1.30 over 35 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.

Inflation from 1982 to 2017
Cumulative price change 130.39%
Average inflation rate 2.41%
Price difference (CA$1 base) CA$1.30
CPI in 1982 56.6
CPI in 2017 130.4

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 2017 / CPI in 1982 * 1982 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 56.6 in the year 1982 and 130.4 in 2017:

130.4 / 56.6 * CA$1 = CA$2.30

CA$1 in 1982 has the same "purchasing power" as CA$2.30 in 2017.

News headlines from 1982

Politics and news often play an important role in economic performance.

  • 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: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

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