According to Statistics Canada, the dollar experienced an average inflation rate of 3.16% per year. Prices in 2008 are 1698.4% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$1,798.41 in 2008, a difference of CA$1,698.41 over 93 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1698.41%|
|Average inflation rate||3.16%|
|Price difference (CA$100 base)||CA$1,698.41|
|CPI in 1915||6.3|
|CPI in 2008||113.3|
Politics and news often play an important role in economic performance.