CA$100 in 1916 → CA$1,463.89 in 2004

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1916-2004 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 3.10% per year. Prices in 2004 are 1363.9% higher than prices in 1916.

In other words, CA$100 in the year 1916 is equivalent to CA$1,463.89 in 2004, a difference of CA$1,363.89 over 88 years.

The inflation rate in 2004 was 2.13%.

Inflation from 1916 to 2004
Cumulative price change 1363.89%
Average inflation rate 3.10%
Price difference (CA$100 base) CA$1,363.89
CPI in 1916 7.2
CPI in 2004 105.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1916 to 2004

Start with the inflation rate formula:

CPI in 2004 / CPI in 1916 * 1916 CAD value = 2004 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.2 in the year 1916 and 105.4 in 2004:

105.4 / 7.2 * CA$100 = CA$1,463.89

CA$100 in 1916 has the same "purchasing power" as CA$1,463.89 in 2004.


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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