According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.94% per year. Prices in 2015 are 1656.9% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,756.94 in 2015, a difference of CA$1,656.94 over 99 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1656.94%|
|Average inflation rate||2.94%|
|Price difference (CA$100 base)||CA$1,656.94|
|CPI in 1916||7.2|
|CPI in 2015||126.5|
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 2015 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Apr. 2018, http://www.in2013dollars.com/1916-CAD-in-2015.