According to Statistics Canada, the dollar experienced an average inflation rate of 2.98% per year. Prices in 2001 are 1073.5% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,173.49 in 2001, a difference of CA$1,073.49 over 84 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||1073.49%|
|Average inflation rate||2.98%|
|Price difference (CA$100 base)||CA$1,073.49|
|CPI in 1917||8.3|
|CPI in 2001||97.4|
Politics and news often play an important role in economic performance.