According to Statistics Canada, the dollar experienced an average inflation rate of 2.78% per year. Prices in 1995 are 683.9% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$783.93 in 1995, a difference of CA$683.93 over 75 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||683.93%|
|Average inflation rate||2.78%|
|Price difference (CA$100 base)||CA$683.93|
|CPI in 1920||11.2|
|CPI in 1995||87.8|
Politics and news often play an important role in economic performance.