According to Statistics Canada, the dollar experienced an average inflation rate of 2.72% per year. Prices in 1985 are 472.3% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$572.32 in 1985, a difference of CA$472.32 over 65 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||472.32%|
|Average inflation rate||2.72%|
|Price difference (CA$100 base)||CA$472.32|
|CPI in 1920||11.2|
|CPI in 1985||64.1|
Politics and news often play an important role in economic performance.