According to Statistics Canada, the dollar experienced an average inflation rate of 2.94% per year. Prices in 2006 are 1218.1% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,318.07 in 2006, a difference of CA$1,218.07 over 89 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||1218.07%|
|Average inflation rate||2.94%|
|Price difference (CA$100 base)||CA$1,218.07|
|CPI in 1917||8.3|
|CPI in 2006||109.4|
Politics and news often play an important role in economic performance.