According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.74% per year. Prices in 2008 are 1010.8% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent in purchasing power to CA$1,110.78 in 2008, a difference of CA$1,010.78 over 89 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1010.78%|
|Average inflation rate||2.74%|
|Price difference (CA$100 base)||CA$1,010.78|
|CPI in 1919||10.2|
|CPI in 2008||113.3|
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 2008 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1919-CAD-in-2008.