According to Statistics Canada, the dollar experienced an average inflation rate of 3.24% per year. Prices in 2002 are 1504.8% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,604.76 in 2002, a difference of CA$1,504.76 over 87 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||1504.76%|
|Average inflation rate||3.24%|
|Price difference (CA$100 base)||CA$1,504.76|
|CPI in 1915||6.3|
|CPI in 2002||101.1|
Politics and news often play an important role in economic performance.