According to Statistics Canada, the dollar experienced an average inflation rate of 2.51% per year. Prices in 1980 are 352.9% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$452.94 in 1980, a difference of CA$352.94 over 61 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||352.94%|
|Average inflation rate||2.51%|
|Price difference (CA$100 base)||CA$352.94|
|CPI in 1919||10.2|
|CPI in 1980||46.2|
Politics and news often play an important role in economic performance.