According to Statistics Canada, the dollar experienced an average inflation rate of 2.76% per year. Prices in 2006 are 972.5% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$1,072.55 in 2006, a difference of CA$972.55 over 87 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||972.55%|
|Average inflation rate||2.76%|
|Price difference (CA$100 base)||CA$972.55|
|CPI in 1919||10.2|
|CPI in 2006||109.4|
Politics and news often play an important role in economic performance.