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:
You may use the following MLA citation for this page: “1917 dollars in 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1917-CAD-in-1994.