According to Statistics Canada, 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 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 play an important role in economic performance.