Canadian inflation rate in 2000: 3.20%

Canada Inflation Calculator


Canadian Inflation Rate, 2000-2017 (CA$1)

The consumer price index (CPI) in 2000 was 96.7. 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 1.77% per year. Prices in 2017 are 34.9% higher than prices in 2000.

In other words, CA$1 in the year 2000 is equivalent to CA$1.35 in 2017, a difference of CA$0.35 over 17 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 2000 to 2017
Cumulative price change 34.85%
Average inflation rate 1.77%
Price difference (CA$1 base) CA$0.35
CPI in 2000 96.7
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2000

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 96.7 in the year 2000 and 130.4 in 2017:

130.4 / 96.7 * CA$1 = CA$1.35

CA$1 in 2000 has the same "purchasing power" as CA$1.35 in 2017.

News headlines from 2000

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

  • Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
  • Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
  • George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
  • Gisborne, New Zealand becomes the first city to enter the new millennium.

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

» Read more about inflation.