CA$100 in 1917 → CA$1,571.08 in 2017

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1917-2017 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 2.79% per year. Prices in 2017 are 1471.1% higher than prices in 1917.

In other words, CA$100 in the year 1917 is equivalent to CA$1,571.08 in 2017, a difference of CA$1,471.08 over 100 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$100 today will be equivalent to CA$101.56 next year.

Inflation from 1917 to 2017
Cumulative price change 1471.08%
Average inflation rate 2.79%
Price difference (CA$100 base) CA$1,471.08
CPI in 1917 8.3
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100 since 1917

Start with the inflation rate formula:

CPI in 2017 / CPI in 1917 * 1917 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.3 in the year 1917 and 130.4 in 2017:

130.4 / 8.3 * CA$100 = CA$1,571.08

The "purchasing power" of CA$100 from 1917 is CA$1,571.08 in 2017.


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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