According to Statistics Canada, the dollar experienced an average inflation rate of 2.71% per year. Prices in 2001 are 769.6% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$869.64 in 2001, a difference of CA$769.64 over 81 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||769.64%|
|Average inflation rate||2.71%|
|Price difference (CA$100 base)||CA$769.64|
|CPI in 1920||11.2|
|CPI in 2001||97.4|
Politics and news often play an important role in economic performance.