According to Statistics Canada, the dollar experienced an average inflation rate of 2.70% per year. Prices in 2016 are 1266.0% higher than prices in 1918.
In other words, CA$100 in the year 1918 is equivalent to CA$1,365.96 in 2016, a difference of CA$1,265.96 over 98 years.
The inflation rate in 2016 was 1.50%.
|Cumulative price change||1265.96%|
|Average inflation rate||2.70%|
|Price difference (CA$100 base)||CA$1,265.96|
|CPI in 1918||9.4|
|CPI in 2016||128.4|
Politics and news often play an important role in economic performance.