According to Statistics Canada, the dollar experienced an average inflation rate of 2.63% per year. Prices in 2017 are 1178.4% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$1,278.43 in 2017, a difference of CA$1,178.43 over 98 years.
The current inflation rate in 2017 is 1.56%1. If this number holds, CA$100 today will be equivalent to CA$101.56 next year.
|Cumulative price change||1178.43%|
|Average inflation rate||2.63%|
|Price difference (CA$100 base)||CA$1,178.43|
|CPI in 1919||10.2|
|CPI in 2017||130.4|
Politics and news often play an important role in economic performance.