According to Statistics Canada, the dollar experienced an average inflation rate of 3.00% per year. Prices in 1982 are 581.9% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$681.93 in 1982, a difference of CA$581.93 over 65 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||581.93%|
|Average inflation rate||3.00%|
|Price difference (CA$100 base)||CA$581.93|
|CPI in 1917||8.3|
|CPI in 1982||56.6|
Politics and news often play an important role in economic performance.