According to Statistics Canada, the dollar experienced an average inflation rate of 2.80% per year. Prices in 2008 are 1105.3% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent to CA$1,205.32 in 2008, a difference of CA$1,105.32 over 90 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1105.32%|
|Average inflation rate||2.80%|
|Price difference (CA$100 base)||CA$1,105.32|
|CPI in 1918||9.4|
|CPI in 2008||113.3|
Politics and news often play an important role in economic performance.