According to Statistics Canada consumer price index, 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 in purchasing power 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 influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1917 dollars in 2008 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Jan. 2018, http://www.in2013dollars.com/1917-CAD-in-2008.