According to Statistics Canada, the dollar experienced an average inflation rate of 3.38% per year. Prices in 1986 are 960.3% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,060.32 in 1986, a difference of CA$960.32 over 71 years.
The inflation rate in 1986 was 4.21%.
|Cumulative price change||960.32%|
|Average inflation rate||3.38%|
|Price difference (CA$100 base)||CA$960.32|
|CPI in 1915||6.3|
|CPI in 1986||66.8|
Politics and news often play an important role in economic performance.