According to Statistics Canada, 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 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 play an important role in economic performance.