According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.08% per year. Prices in 1987 are 738.6% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent in purchasing power to CA$838.55 in 1987, a difference of CA$738.55 over 70 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||738.55%|
|Average inflation rate||3.08%|
|Price difference (CA$100 base)||CA$738.55|
|CPI in 1917||8.3|
|CPI in 1987||69.6|
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: “1917 dollars in 1987 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/1917-CAD-in-1987.