According to Statistics Canada, the dollar experienced an average inflation rate of 2.86% per year. Prices in 1987 are 582.4% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$682.35 in 1987, a difference of CA$582.35 over 68 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||582.35%|
|Average inflation rate||2.86%|
|Price difference (CA$100 base)||CA$582.35|
|CPI in 1919||10.2|
|CPI in 1987||69.6|
Politics and news often play an important role in economic performance.