According to Statistics Canada, the dollar experienced an average inflation rate of 2.74% per year. Prices in 1986 are 496.4% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$596.43 in 1986, a difference of CA$496.43 over 66 years.
The inflation rate in 1986 was 4.21%.
|Cumulative price change||496.43%|
|Average inflation rate||2.74%|
|Price difference (CA$100 base)||CA$496.43|
|CPI in 1920||11.2|
|CPI in 1986||66.8|
Politics and news often play an important role in economic performance.