According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.02% per year. Prices in 2009 are 1494.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,594.44 in 2009, a difference of CA$1,494.44 over 93 years.
The inflation rate in 2009 was 1.32%.
|Cumulative price change||1494.44%|
|Average inflation rate||3.02%|
|Price difference (CA$100 base)||CA$1,494.44|
|CPI in 1916||7.2|
|CPI in 2009||114.8|
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 2009 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Jan. 2018, http://www.in2013dollars.com/1916-CAD-in-2009.