According to Statistics Canada, the dollar experienced an average inflation rate of 3.02% per year. Prices in 2010 are 1531.9% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,631.94 in 2010, a difference of CA$1,531.94 over 94 years.
The inflation rate in 2010 was 2.35%.
|Cumulative price change||1531.94%|
|Average inflation rate||3.02%|
|Price difference (CA$100 base)||CA$1,531.94|
|CPI in 1916||7.2|
|CPI in 2010||117.5|
Politics and news often play an important role in economic performance.