According to Statistics Canada, the dollar experienced an average inflation rate of 3.11% per year. Prices in 2003 are 1333.3% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,433.33 in 2003, a difference of CA$1,333.33 over 87 years.
The inflation rate in 2003 was 2.08%.
|Cumulative price change||1333.33%|
|Average inflation rate||3.11%|
|Price difference (CA$100 base)||CA$1,333.33|
|CPI in 1916||7.2|
|CPI in 2003||103.2|
Politics and news often play an important role in economic performance.