According to Statistics Canada, the dollar experienced an average inflation rate of 3.31% per year. Prices in 1991 are 1051.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,151.39 in 1991, a difference of CA$1,051.39 over 75 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||1051.39%|
|Average inflation rate||3.31%|
|Price difference (CA$100 base)||CA$1,051.39|
|CPI in 1916||7.2|
|CPI in 1991||82.9|
Politics and news often play an important role in economic performance.