According to Statistics Canada, the dollar experienced an average inflation rate of 3.28% per year. Prices in 1993 are 1095.8% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,195.83 in 1993, a difference of CA$1,095.83 over 77 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||1095.83%|
|Average inflation rate||3.28%|
|Price difference (CA$100 base)||CA$1,095.83|
|CPI in 1916||7.2|
|CPI in 1993||86.1|
Politics and news often play an important role in economic performance.