According to Statistics Canada, 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 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 play an important role in economic performance.