According to Statistics Canada, the dollar experienced an average inflation rate of 3.24% per year. Prices in 1981 are 722.2% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$822.22 in 1981, a difference of CA$722.22 over 66 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||722.22%|
|Average inflation rate||3.24%|
|Price difference (CA$100 base)||CA$722.22|
|CPI in 1915||6.3|
|CPI in 1981||51.8|
Politics and news often play an important role in economic performance.