According to Statistics Canada, the dollar experienced an average inflation rate of 3.31% per year. Prices in 1990 are 1009.7% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,109.72 in 1990, a difference of CA$1,009.72 over 74 years.
The inflation rate in 1990 was 4.99%.
|Cumulative price change||1009.72%|
|Average inflation rate||3.31%|
|Price difference (CA$100 base)||CA$1,009.72|
|CPI in 1916||7.2|
|CPI in 1990||79.9|
Politics and news often play an important role in economic performance.