According to Statistics Canada, the dollar experienced an average inflation rate of 2.79% per year. Prices in 2001 are 854.9% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$954.90 in 2001, a difference of CA$854.90 over 82 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||854.90%|
|Average inflation rate||2.79%|
|Price difference (CA$100 base)||CA$854.90|
|CPI in 1919||10.2|
|CPI in 2001||97.4|
Politics and news often play an important role in economic performance.