According to Statistics Canada, the dollar experienced an average inflation rate of 2.65% per year. Prices in 1982 are 405.4% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$505.36 in 1982, a difference of CA$405.36 over 62 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||405.36%|
|Average inflation rate||2.65%|
|Price difference (CA$100 base)||CA$405.36|
|CPI in 1920||11.2|
|CPI in 1982||56.6|
Politics and news often play an important role in economic performance.