According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.91% per year. Prices in 2017 are 1711.1% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,811.11 in 2017, a difference of CA$1,711.11 over 101 years.
The inflation rate in 2017 was 1.56%.
|Cumulative price change||1711.11%|
|Average inflation rate||2.91%|
|Price difference (CA$100 base)||CA$1,711.11|
|CPI in 1916||7.2|
|CPI in 2017||130.4|
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 2017 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/1916-CAD-in-2017.