According to Statistics Canada, the dollar experienced an average inflation rate of 2.69% per year. Prices in 1984 are 448.2% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$548.21 in 1984, a difference of CA$448.21 over 64 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||448.21%|
|Average inflation rate||2.69%|
|Price difference (CA$100 base)||CA$448.21|
|CPI in 1920||11.2|
|CPI in 1984||61.4|
Politics and news often play an important role in economic performance.