CA$100 in 1915 → CA$1,798.41 in 2008

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1915-2008 (CA$100)

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%.

Inflation from 1915 to 2008
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


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1915 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 1915 * 1915 CAD value = 2008 CAD value

Then plug in historical CPI values. The Canadian CPI was 6.3 in the year 1915 and 113.3 in 2008:

113.3 / 6.3 * CA$100 = CA$1,798.41

CA$100 in 1915 has the same "purchasing power" as CA$1,798.41 in 2008.


News headlines from 1915

Politics and news often play an important role in economic performance.

  • French troops force Germans back into the Champagne region suffering losses of 50,000 men and gaining several hundred yards.
  • Germany uses poison gas for the first time in WWI.
  • Almost 430,000 French, British and Germans are killed in the Battle of Loos.
  • The one-millionth Model T is produced by Ford Motor Company.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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