According to Statistics Canada, the dollar experienced an average inflation rate of 2.97% per year. Prices in 2003 are 1143.4% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,243.37 in 2003, a difference of CA$1,143.37 over 86 years.
The inflation rate in 2003 was 2.08%.
|Cumulative price change||1143.37%|
|Average inflation rate||2.97%|
|Price difference (CA$100 base)||CA$1,143.37|
|CPI in 1917||8.3|
|CPI in 2003||103.2|
Politics and news often play an important role in economic performance.