According to Statistics Canada, the dollar experienced an average inflation rate of 3.23% per year. Prices in 2003 are 1538.1% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,638.10 in 2003, a difference of CA$1,538.10 over 88 years.
The inflation rate in 2003 was 2.08%.
|Cumulative price change||1538.10%|
|Average inflation rate||3.23%|
|Price difference (CA$100 base)||CA$1,538.10|
|CPI in 1915||6.3|
|CPI in 2003||103.2|
Politics and news often play an important role in economic performance.