CA$100 in 1916 → CA$1,433.33 in 2003

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1916-2003 (CA$100)

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%.

Inflation from 1916 to 2003
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


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1916 to 2003

Start with the inflation rate formula:

CPI in 2003 / CPI in 1916 * 1916 CAD value = 2003 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.2 in the year 1916 and 103.2 in 2003:

103.2 / 7.2 * CA$100 = CA$1,433.33

CA$100 in 1916 has the same "purchasing power" as CA$1,433.33 in 2003.


News headlines from 1916

Politics and news often play an important role in economic performance.

  • Ottoman forces successfully defend access to Constantinople, leading to ANZAC forces withdrawal from the Gallipoli Peninsula.
  • An estimated 1 million men are killed during the Battle of Verdun.
  • The Easter Rising ends after Irish republicans abandon the post office in Dublin and surrenders.
  • Tanks known as, 'Little Willies', are used for the first time at the Battle of the Somme.
  • The first aerial combat in France is won by Manfred von Richthofen, known as The Red Baron, German Luftstreitkrafte flying ace

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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