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