According to Statistics Canada, the dollar experienced an average inflation rate of 3.23% per year. Prices in 1986 are 827.8% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$927.78 in 1986, a difference of CA$827.78 over 70 years.
The inflation rate in 1986 was 4.21%.
|Cumulative price change||827.78%|
|Average inflation rate||3.23%|
|Price difference (CA$100 base)||CA$827.78|
|CPI in 1916||7.2|
|CPI in 1986||66.8|
Politics and news often play an important role in economic performance.