According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.22% per year. Prices in 1995 are 1119.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,219.44 in 1995, a difference of CA$1,119.44 over 79 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||1119.44%|
|Average inflation rate||3.22%|
|Price difference (CA$100 base)||CA$1,119.44|
|CPI in 1916||7.2|
|CPI in 1995||87.8|
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 1995 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/1916-CAD-in-1995.