According to Statistics Canada, the dollar experienced an average inflation rate of 2.89% per year. Prices in 1994 are 746.1% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$846.08 in 1994, a difference of CA$746.08 over 75 years.
The inflation rate in 1994 was 0.23%.
|Cumulative price change||746.08%|
|Average inflation rate||2.89%|
|Price difference (CA$100 base)||CA$746.08|
|CPI in 1919||10.2|
|CPI in 1994||86.3|
Politics and news often play an important role in economic performance.