According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.98% per year. Prices in 2002 are 1118.1% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent in purchasing power to CA$1,218.07 in 2002, a difference of CA$1,118.07 over 85 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||1118.07%|
|Average inflation rate||2.98%|
|Price difference (CA$100 base)||CA$1,118.07|
|CPI in 1917||8.3|
|CPI in 2002||101.1|
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 2002 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1917-CAD-in-2002.