According to Statistics Canada, the dollar experienced an average inflation rate of 2.88% per year. Prices in 2011 are 1348.2% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,448.19 in 2011, a difference of CA$1,348.19 over 94 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1348.19%|
|Average inflation rate||2.88%|
|Price difference (CA$100 base)||CA$1,348.19|
|CPI in 1917||8.3|
|CPI in 2011||120.2|
Politics and news often play an important role in economic performance.