Canadian inflation rate in 1986: 4.21%

Canada Inflation Calculator


Canadian Inflation Rate, 1986-2018 (CA$1)

The consumer price index (CPI) in 1986 was 66.8. 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 2.12% per year. Prices in 2018 are 96.0% higher than prices in 1986.

In other words, CA$1 in the year 1986 is equivalent in purchasing power to CA$1.96 in 2018, a difference of CA$0.96 over 32 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 1986 to 2018
Cumulative price change 95.96%
Average inflation rate 2.12%
Price difference (CA$1 base) CA$0.96
CPI in 1986 66.8
CPI in 2018 130.9

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 1986

Start with the inflation rate formula:

CPI in 2018 / CPI in 1986 * 1986 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 66.8 in the year 1986 and 130.9 in 2018:

130.9 / 66.8 * CA$1 = CA$1.96

CA$1 in 1986 has the same "purchasing power" as CA$1.96 in 2018.

News headlines from 1986

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

  • Ferdinand Marcos becomes president of the Philippines after rigged elections.
  • 6.5 million People hold hands across the US in an event referred to as Hands Across America.
  • Doctors announce that the drug AZT will be available to AIDS patients.
  • Talks between Ronald Reagan and Mikhail Gorbachev begin at the Reykjavik summit.
  • Mrs. Davina Thompson receives the first heart, lung and liver transplant in Cambridge, England.

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 1986 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Apr. 2018,

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