According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.81% per year. Prices in 2016 are 1447.0% higher than prices in 1917.
In other words, CA$100 in the year 1917 is equivalent in purchasing power to CA$1,546.99 in 2016, a difference of CA$1,446.99 over 99 years.
The inflation rate in 2016 was 1.50%.
|Cumulative price change||1446.99%|
|Average inflation rate||2.81%|
|Price difference (CA$100 base)||CA$1,446.99|
|CPI in 1917||8.3|
|CPI in 2016||128.4|
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 2016 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Apr. 2018, http://www.in2013dollars.com/1917-CAD-in-2016.