According to Statistics Canada, the dollar experienced an average inflation rate of 3.07% per year. Prices in 1986 are 704.8% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$804.82 in 1986, a difference of CA$704.82 over 69 years.
The inflation rate in 1986 was 4.21%.
|Cumulative price change||704.82%|
|Average inflation rate||3.07%|
|Price difference (CA$100 base)||CA$704.82|
|CPI in 1917||8.3|
|CPI in 1986||66.8|
Politics and news often play an important role in economic performance.