According to Statistics Canada, the dollar experienced an average inflation rate of 2.65% per year. Prices in 2009 are 925.0% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$1,025 in 2009, a difference of CA$925.00 over 89 years.
The inflation rate in 2009 was 1.32%.
|Cumulative price change||925.00%|
|Average inflation rate||2.65%|
|Price difference (CA$100 base)||CA$925.00|
|CPI in 1920||11.2|
|CPI in 2009||114.8|
Politics and news often play an important role in economic performance.