According to Statistics Canada, the dollar experienced an average inflation rate of 2.80% per year. Prices in 2002 are 891.2% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$991.18 in 2002, a difference of CA$891.18 over 83 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||891.18%|
|Average inflation rate||2.80%|
|Price difference (CA$100 base)||CA$891.18|
|CPI in 1919||10.2|
|CPI in 2002||101.1|
Politics and news often play an important role in economic performance.