According to Statistics Canada, the dollar experienced an average inflation rate of 3.35% per year. Prices in 1984 are 874.6% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$974.60 in 1984, a difference of CA$874.60 over 69 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||874.60%|
|Average inflation rate||3.35%|
|Price difference (CA$100 base)||CA$874.60|
|CPI in 1915||6.3|
|CPI in 1984||61.4|
Politics and news often play an important role in economic performance.