According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.87% per year. Prices in 2002 are 975.5% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent in purchasing power to CA$1,075.53 in 2002, a difference of CA$975.53 over 84 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||975.53%|
|Average inflation rate||2.87%|
|Price difference (CA$100 base)||CA$975.53|
|CPI in 1918||9.4|
|CPI in 2002||101.1|
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: “1918 dollars in 2002 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Mar. 2018, http://www.in2013dollars.com/1918-CAD-in-2002.