According to Statistics Canada, the dollar experienced an average inflation rate of 3.17% per year. Prices in 1982 are 686.1% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$786.11 in 1982, a difference of CA$686.11 over 66 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||686.11%|
|Average inflation rate||3.17%|
|Price difference (CA$100 base)||CA$686.11|
|CPI in 1916||7.2|
|CPI in 1982||56.6|
Politics and news often play an important role in economic performance.