According to Statistics Canada, the dollar experienced an average inflation rate of 3.16% per year. Prices in 1991 are 898.8% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$998.80 in 1991, a difference of CA$898.80 over 74 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||898.80%|
|Average inflation rate||3.16%|
|Price difference (CA$100 base)||CA$898.80|
|CPI in 1917||8.3|
|CPI in 1991||82.9|
Politics and news often play an important role in economic performance.