According to Statistics Canada, the dollar experienced an average inflation rate of 2.65% per year. Prices in 2010 are 949.1% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$1,049.11 in 2010, a difference of CA$949.11 over 90 years.
The inflation rate in 2010 was 2.35%.
|Cumulative price change||949.11%|
|Average inflation rate||2.65%|
|Price difference (CA$100 base)||CA$949.11|
|CPI in 1920||11.2|
|CPI in 2010||117.5|
Politics and news often play an important role in economic performance.