According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.06% per year. Prices in 2007 are 1455.6% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,555.56 in 2007, a difference of CA$1,455.56 over 91 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||1455.56%|
|Average inflation rate||3.06%|
|Price difference (CA$100 base)||CA$1,455.56|
|CPI in 1916||7.2|
|CPI in 2007||112|
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 2007 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1916-CAD-in-2007.