CA$100 in 1916 → CA$1,811.11 in 2017

Canada Inflation Calculator


Canadian Inflation Rate, 1916-2017 (CA$100)

According to Statistics Canada, 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 to CA$1,811.11 in 2017, a difference of CA$1,711.11 over 101 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$100 today will be equivalent to CA$101.56 next year.

Inflation from 1916 to 2017
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

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$100 since 1916

Start with the inflation rate formula:

CPI in 2017 / CPI in 1916 * 1916 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.2 in the year 1916 and 130.4 in 2017:

130.4 / 7.2 * CA$100 = CA$1,811.11

The "purchasing power" of CA$100 from 1916 is CA$1,811.11 in 2017.

News headlines from 1916

Politics and news often play an important role in economic performance.

  • Ottoman forces successfully defend access to Constantinople, leading to ANZAC forces withdrawal from the Gallipoli Peninsula.
  • An estimated 1 million men are killed during the Battle of Verdun.
  • The Easter Rising ends after Irish republicans abandon the post office in Dublin and surrenders.
  • Tanks known as, 'Little Willies', are used for the first time at the Battle of the Somme.
  • The first aerial combat in France is won by Manfred von Richthofen, known as The Red Baron, German Luftstreitkrafte flying ace

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

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