According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.11% per year. Prices in 2001 are 1252.8% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,352.78 in 2001, a difference of CA$1,252.78 over 85 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||1252.78%|
|Average inflation rate||3.11%|
|Price difference (CA$100 base)||CA$1,252.78|
|CPI in 1916||7.2|
|CPI in 2001||97.4|
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 2001 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Jan. 2018, http://www.in2013dollars.com/1916-CAD-in-2001.