According to Statistics Canada, the dollar experienced an average inflation rate of 3.02% per year. Prices in 1990 are 750.0% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent to CA$850 in 1990, a difference of CA$750.00 over 72 years.
The inflation rate in 1990 was 4.99%.
|Cumulative price change||750.00%|
|Average inflation rate||3.02%|
|Price difference (CA$100 base)||CA$750.00|
|CPI in 1918||9.4|
|CPI in 1990||79.9|
Politics and news often play an important role in economic performance.