According to Statistics Canada, the dollar experienced an average inflation rate of 2.94% per year. Prices in 1995 are 834.0% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent to CA$934.04 in 1995, a difference of CA$834.04 over 77 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||834.04%|
|Average inflation rate||2.94%|
|Price difference (CA$100 base)||CA$834.04|
|CPI in 1918||9.4|
|CPI in 1995||87.8|
Politics and news often play an important role in economic performance.