CA$100 in 1918 → CA$1,121.28 in 2004

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1918-2004 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 2.85% per year. Prices in 2004 are 1021.3% higher than prices in 1918.

In other words, CA$100 in the year 1918 is equivalent to CA$1,121.28 in 2004, a difference of CA$1,021.28 over 86 years.

The inflation rate in 2004 was 2.13%.

Inflation from 1918 to 2004
Cumulative price change 1021.28%
Average inflation rate 2.85%
Price difference (CA$100 base) CA$1,021.28
CPI in 1918 9.4
CPI in 2004 105.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1918 to 2004

Start with the inflation rate formula:

CPI in 2004 / CPI in 1918 * 1918 CAD value = 2004 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1918 and 105.4 in 2004:

105.4 / 9.4 * CA$100 = CA$1,121.28

CA$100 in 1918 has the same "purchasing power" as CA$1,121.28 in 2004.


News headlines from 1918

Politics and news often play an important role in economic performance.

  • First recorded case of Spanish flu in Kansas, marking the beginning of a worldwide pandemic killing millions.
  • The Bolshevik Party changes its name to the Communist Party.
  • Moscow is declared the capital of Russia.
  • Tsar Nicholas II of Russia is executed along with his family by a Bolshevik squad in Ekaterinburg.

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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