According to Statistics Canada, the dollar experienced an average inflation rate of 3.03% per year. Prices in 1984 are 639.8% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$739.76 in 1984, a difference of CA$639.76 over 67 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||639.76%|
|Average inflation rate||3.03%|
|Price difference (CA$100 base)||CA$639.76|
|CPI in 1917||8.3|
|CPI in 1984||61.4|
Politics and news often play an important role in economic performance.