According to Statistics Canada, the dollar experienced an average inflation rate of 2.96% per year. Prices in 2004 are 1169.9% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,269.88 in 2004, a difference of CA$1,169.88 over 87 years.
The inflation rate in 2004 was 2.13%.
|Cumulative price change||1169.88%|
|Average inflation rate||2.96%|
|Price difference (CA$100 base)||CA$1,169.88|
|CPI in 1917||8.3|
|CPI in 2004||105.4|
Politics and news often play an important role in economic performance.