According to Statistics Canada, the dollar experienced an average inflation rate of 2.83% per year. Prices in 2014 are 1400.0% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,500.00 in 2014, a difference of CA$1,400.00 over 97 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1400.00%|
|Average inflation rate||2.83%|
|Price difference (CA$100 base)||CA$1,400.00|
|CPI in 1917||8.3|
|CPI in 2014||124.5|
Politics and news often play an important role in economic performance.