According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.42% per year. Prices in 1989 are 1107.9% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent in purchasing power to CA$1,207.94 in 1989, a difference of CA$1,107.94 over 74 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||1107.94%|
|Average inflation rate||3.42%|
|Price difference (CA$100 base)||CA$1,107.94|
|CPI in 1915||6.3|
|CPI in 1989||76.1|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1915 dollars in 1989 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1915-CAD-in-1989.