According to Statistics Canada, the dollar experienced an average inflation rate of 2.95% per year. Prices in 2005 are 1196.4% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,296.39 in 2005, a difference of CA$1,196.39 over 88 years.
The inflation rate in 2005 was 2.09%.
|Cumulative price change||1196.39%|
|Average inflation rate||2.95%|
|Price difference (CA$100 base)||CA$1,196.39|
|CPI in 1917||8.3|
|CPI in 2005||107.6|
Politics and news often play an important role in economic performance.