According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.20% per year. Prices in 1984 are 752.8% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$852.78 in 1984, a difference of CA$752.78 over 68 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||752.78%|
|Average inflation rate||3.20%|
|Price difference (CA$100 base)||CA$752.78|
|CPI in 1916||7.2|
|CPI in 1984||61.4|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1916 dollars in 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1916-CAD-in-1984.