According to Statistics Canada, the dollar experienced an average inflation rate of 2.78% per year. Prices in 2011 are 1178.7% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent to CA$1,278.72 in 2011, a difference of CA$1,178.72 over 93 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1178.72%|
|Average inflation rate||2.78%|
|Price difference (CA$100 base)||CA$1,178.72|
|CPI in 1918||9.4|
|CPI in 2011||120.2|
Politics and news often play an important role in economic performance.