According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.88% per year. Prices in 2018 are 1718.1% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,818.06 in 2018, a difference of CA$1,718.06 over 102 years.
The current inflation rate in 2018 is 0.38%1. If this number holds, CA$100 today will be equivalent to CA$100.38 next year.
|Cumulative price change||1718.06%|
|Average inflation rate||2.88%|
|Price difference (CA$100 base)||CA$1,718.06|
|CPI in 1916||7.2|
|CPI in 2018||130.9|
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 2018 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Apr. 2018, http://www.in2013dollars.com/1916-CAD-in-2018.