According to Statistics Canada, the dollar experienced an average inflation rate of 2.61% per year. Prices in 2013 are 995.5% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$1,095.54 in 2013, a difference of CA$995.54 over 93 years.
The inflation rate in 2013 was 1.24%.
|Cumulative price change||995.54%|
|Average inflation rate||2.61%|
|Price difference (CA$100 base)||CA$995.54|
|CPI in 1920||11.2|
|CPI in 2013||122.7|
Politics and news often play an important role in economic performance.