According to Statistics Canada, the dollar experienced an average inflation rate of 2.86% per year. Prices in 1996 are 779.4% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$879.41 in 1996, a difference of CA$779.41 over 77 years.
The inflation rate in 1996 was 2.16%.
|Cumulative price change||779.41%|
|Average inflation rate||2.86%|
|Price difference (CA$100 base)||CA$779.41|
|CPI in 1919||10.2|
|CPI in 1996||89.7|
Politics and news often play an important role in economic performance.