According to Statistics Canada, the dollar experienced an average inflation rate of 2.86% per year. Prices in 1991 are 640.2% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$740.18 in 1991, a difference of CA$640.18 over 71 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||640.18%|
|Average inflation rate||2.86%|
|Price difference (CA$100 base)||CA$640.18|
|CPI in 1920||11.2|
|CPI in 1991||82.9|
Politics and news often play an important role in economic performance.