According to Statistics Canada, the dollar experienced an average inflation rate of 2.82% per year. Prices in 2015 are 1424.1% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent to CA$1,524.10 in 2015, a difference of CA$1,424.10 over 98 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1424.10%|
|Average inflation rate||2.82%|
|Price difference (CA$100 base)||CA$1,424.10|
|CPI in 1917||8.3|
|CPI in 2015||126.5|
Politics and news often play an important role in economic performance.