According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.69% per year. Prices in 2006 are 876.8% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent in purchasing power to CA$976.79 in 2006, a difference of CA$876.79 over 86 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||876.79%|
|Average inflation rate||2.69%|
|Price difference (CA$100 base)||CA$876.79|
|CPI in 1920||11.2|
|CPI in 2006||109.4|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1920 dollars in 2006 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Jan. 2018, http://www.in2013dollars.com/1920-CAD-in-2006.