CA$100 in 1917 → CA$1,365.06 in 2008

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1917-2008 (CA$100)

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%.

Inflation from 1917 to 2008
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


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1917 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 1917 * 1917 CAD value = 2008 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.3 in the year 1917 and 113.3 in 2008:

113.3 / 8.3 * CA$100 = CA$1,365.06

CA$100 in 1917 has the same "purchasing power" as CA$1,365.06 in 2008.


News headlines from 1917

Politics and news often play an important role in economic performance.

  • The Russian "February Revolution" begins, alongside protests celebrating Women's Day and St Petersburg riots.
  • Tsar Nicholas II abdicates nominating his brother, Grand Duke Michael to succeed him.
  • President Wilson asks US Congress to declare war against Germany.
  • Vladimir Lenin issues the "April Theses" appealing for Soviets to take power during Russian Revolution.
  • Leon Trotsky becomes chairman of the Petrograd Soviet after the Bolsheviks gain control.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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