According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.91% per year. Prices in 1989 are 646.1% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent in purchasing power to CA$746.08 in 1989, a difference of CA$646.08 over 70 years.
The inflation rate in 1989 was 5.26%.
Cumulative price change | 646.08% |
Average inflation rate | 2.91% |
Price difference (CA$100 base) | CA$646.08 |
CPI in 1919 | 10.2 |
CPI in 1989 | 76.1 |
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “1919 dollars in 1989 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Apr. 2018, http://www.in2013dollars.com/1919-CAD-in-1989.