According to Statistics Canada, the dollar experienced an average inflation rate of 2.85% per year. Prices in 1990 are 613.4% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$713.39 in 1990, a difference of CA$613.39 over 70 years.
The inflation rate in 1990 was 4.99%.
|Cumulative price change||613.39%|
|Average inflation rate||2.85%|
|Price difference (CA$100 base)||CA$613.39|
|CPI in 1920||11.2|
|CPI in 1990||79.9|
Politics and news often play an important role in economic performance.