According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.03% per year. Prices in 1997 are 989.2% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent in purchasing power to CA$1,089.16 in 1997, a difference of CA$989.16 over 80 years.
The inflation rate in 1997 was 0.78%.
|Cumulative price change||989.16%|
|Average inflation rate||3.03%|
|Price difference (CA$100 base)||CA$989.16|
|CPI in 1917||8.3|
|CPI in 1997||90.4|
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 1997 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Apr. 2018, http://www.in2013dollars.com/1917-CAD-in-1997.