According to Statistics Canada, the dollar experienced an average inflation rate of 3.27% per year. Prices in 1998 are 1349.2% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,449.21 in 1998, a difference of CA$1,349.21 over 83 years.
The inflation rate in 1998 was 1.00%.
|Cumulative price change||1349.21%|
|Average inflation rate||3.27%|
|Price difference (CA$100 base)||CA$1,349.21|
|CPI in 1915||6.3|
|CPI in 1998||91.3|
Politics and news often play an important role in economic performance.