← New Calculation

CAD Value Calculator: Canada

Try another amount, currency or period

According to World Bank CPI data (FP.CPI.TOTL), $1,000,000 in Canada in 2000 had the same purchasing power as $1,555,294.95 in 2024 — a cumulative inflation of 55.5% (1.86%/year average).

$1,000,000 in 2000
is equivalent to in 2024
$1,555,294.95
📉 Purchasing Power Lost: -35.7%
Period
2000 → 2024
(24 years)
Total Inflation
+55.5%
Annual Rate
1.86%
average per year

Value Over Time

Year-by-Year Historical Data

Year-by-year CPI and inflation-adjusted value for 1,000,000 CAD in Canada, 2000–2024
Year CPI Equivalent Value Annual Change
2000 81.89 $1,000,000.00 -
2001 83.96 $1,025,251.20 +2.5%
2002 85.85 $1,048,405.42 +2.3%
2003 88.22 $1,077,326.34 +2.8%
2004 89.86 $1,097,335.08 +1.9%
2005 91.85 $1,121,625.16 +2.2%
2006 93.69 $1,144,080.38 +2.0%
2007 95.69 $1,168,545.22 +2.1%
2008 97.96 $1,196,242.90 +2.4%
2009 98.25 $1,199,825.25 +0.3%
2010 100.00 $1,221,144.60 +1.8%
2011 102.91 $1,256,705.99 +2.9%
2012 104.47 $1,275,753.60 +1.5%
2013 105.45 $1,287,723.90 +0.9%
2014 107.46 $1,312,276.10 +1.9%
2015 108.67 $1,327,042.38 +1.1%
2016 110.22 $1,346,002.62 +1.4%
2017 111.98 $1,367,496.72 +1.6%
2018 114.52 $1,398,514.64 +2.3%
2019 116.76 $1,425,775.45 +1.9%
2020 108.56 $1,325,667.26 -7.0%
2021 113.77 $1,389,345.06 +4.8%
2022 120.96 $1,477,144.14 +6.3%
2023 125.07 $1,527,314.86 +3.4%
2024 127.36 $1,555,294.95 +1.8%

Quick Reference Values

What 2000 amounts are worth in 2024 in Canada:

Quick Reference Values
2000 2024
$1 $1.56
$10 $15.55
$100 $155.53
$1,000 $1,555.29
$10,000 $15,552.95

Inflation by Decade in Canada

Inflation by Decade in Canada
Decade Cumulative Inflation Annual Rate
1960–1969 +26.6% 2.65%
1970–1979 +96.6% 7.80%
1980–1989 +69.8% 6.06%
1990–1999 +18.5% 1.90%
2000–2009 +20.0% 2.04%
2010–2019 +16.8% 1.74%
2020–2025 +19.0% 3.54%

The steepest single-year rise in this period was 6.3% in 2022; the calmest was -7.0% in 2020.

This equals a compound annual rate of 1.86% — about 37.6 years to double prices at that pace.

  • In 2000, $1,000,000 in Canada had the same buying power as $1,555,294.95 in 2024.
  • In 2010, $1,000,000 in Canada had the same buying power as $1,273,637.00 in 2024.
  • In 2020, $1,000,000 in Canada had the same buying power as $1,173,216.69 in 2024.

Frequently Asked Questions

How much is 1,000,000 CAD from 2000 worth in 2024?

$1,000,000 from 2000 is worth about $1,555,294.95 in 2024 in Canada, after 55.53% cumulative inflation.

What was the average annual inflation rate in Canada between 2000 and 2024?

The average annual (compound) inflation rate was 1.86% over 24 years.

Related Country Calculations