CA$100 in 1918 → CA$1,205.32 in 2008

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1918-2008 (CA$100)

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%.

Inflation from 1918 to 2008
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


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1918 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 1918 * 1918 CAD value = 2008 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1918 and 113.3 in 2008:

113.3 / 9.4 * CA$100 = CA$1,205.32

CA$100 in 1918 has the same "purchasing power" as CA$1,205.32 in 2008.


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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