According to Statistics Canada consumer price index, 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 in purchasing power 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 influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1919 dollars in 1996 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/1919-CAD-in-1996.