According to Statistics Canada, the dollar experienced an average inflation rate of 3.41% per year. Prices in 1993 are 1266.7% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,366.67 in 1993, a difference of CA$1,266.67 over 78 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||1266.67%|
|Average inflation rate||3.41%|
|Price difference (CA$100 base)||CA$1,266.67|
|CPI in 1915||6.3|
|CPI in 1993||86.1|
Politics and news often play an important role in economic performance.