According to Statistics Canada, the dollar experienced an average inflation rate of 2.91% per year. Prices in 2008 are 1265.1% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,365.06 in 2008, a difference of CA$1,265.06 over 91 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1265.06%|
|Average inflation rate||2.91%|
|Price difference (CA$100 base)||CA$1,265.06|
|CPI in 1917||8.3|
|CPI in 2008||113.3|
Politics and news often play an important role in economic performance.