According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.09% per year. Prices in 1994 are 939.8% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent in purchasing power to CA$1,039.76 in 1994, a difference of CA$939.76 over 77 years.
The inflation rate in 1994 was 0.23%.
Cumulative price change | 939.76% |
Average inflation rate | 3.09% |
Price difference (CA$100 base) | CA$939.76 |
CPI in 1917 | 8.3 |
CPI in 1994 | 86.3 |
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “1917 dollars in 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/1917-CAD-in-1994.