Canadian inflation rate in 2009: 1.32%

Canada Inflation Calculator


Canadian Inflation Rate, 2009-2017 (CA$1)

The consumer price index (CPI) in 2009 was 114.8. 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 1.61% per year. Prices in 2017 are 13.6% higher than prices in 2009.

In other words, CA$1 in the year 2009 is equivalent to CA$1.14 in 2017, a difference of CA$0.14 over 8 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 2009 to 2017
Cumulative price change 13.59%
Average inflation rate 1.61%
Price difference (CA$1 base) CA$0.14
CPI in 2009 114.8
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2009

Start with the inflation rate formula:

CPI in 2017 / CPI in 2009 * 2009 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 114.8 in the year 2009 and 130.4 in 2017:

130.4 / 114.8 * CA$1 = CA$1.14

CA$1 in 2009 has the same "purchasing power" as CA$1.14 in 2017.

News headlines from 2009

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

  • Barack Obama is inaugurated as the 44th President of the United States.
  • An arrest warrant is issued for Omar Hassan al-Bashir, Sudanese President, by International Criminal Court, for war crimes and crimes against humanity. This is the first time a sitting head of state was indicted.
  • Chrysler, an automotive company, files for bankruptcy.

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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