According to Statistics Canada, the dollar experienced an average inflation rate of 3.14% per year. Prices in 1999 are 1201.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,301.39 in 1999, a difference of CA$1,201.39 over 83 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||1201.39%|
|Average inflation rate||3.14%|
|Price difference (CA$100 base)||CA$1,201.39|
|CPI in 1916||7.2|
|CPI in 1999||93.7|
Politics and news often play an important role in economic performance.