According to Statistics Canada, 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 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 play an important role in economic performance.