According to Statistics Canada, the dollar experienced an average inflation rate of 3.03% per year. Prices in 2016 are 1938.1% higher than prices in 1915.
In other words, CA$100 in the year 1915 is equivalent to CA$2,038.10 in 2016, a difference of CA$1,938.10 over 101 years.
The inflation rate in 2016 was 1.50%.
|Cumulative price change||1938.10%|
|Average inflation rate||3.03%|
|Price difference (CA$100 base)||CA$1,938.10|
|CPI in 1915||6.3|
|CPI in 2016||128.4|
Politics and news often play an important role in economic performance.