According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.07% per year. Prices in 2006 are 1419.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,519.44 in 2006, a difference of CA$1,419.44 over 90 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||1419.44%|
|Average inflation rate||3.07%|
|Price difference (CA$100 base)||CA$1,419.44|
|CPI in 1916||7.2|
|CPI in 2006||109.4|
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 2006 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Jan. 2018, http://www.in2013dollars.com/1916-CAD-in-2006.