According to Statistics Canada, the dollar experienced an average inflation rate of 2.93% per year. Prices in 2007 are 1249.4% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,349.40 in 2007, a difference of CA$1,249.40 over 90 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||1249.40%|
|Average inflation rate||2.93%|
|Price difference (CA$100 base)||CA$1,249.40|
|CPI in 1917||8.3|
|CPI in 2007||112|
Politics and news often play an important role in economic performance.