According to Statistics Canada, the dollar experienced an average inflation rate of 2.95% per year. Prices in 1991 are 712.7% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$812.75 in 1991, a difference of CA$712.75 over 72 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||712.75%|
|Average inflation rate||2.95%|
|Price difference (CA$100 base)||CA$712.75|
|CPI in 1919||10.2|
|CPI in 1991||82.9|
Politics and news often play an important role in economic performance.