According to Statistics Canada, the dollar experienced an average inflation rate of 2.99% per year. Prices in 1982 are 502.1% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$602.13 in 1982, a difference of CA$502.13 over 61 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||502.13%|
|Average inflation rate||2.99%|
|Price difference (CA$100 base)||CA$502.13|
|CPI in 1921||9.4|
|CPI in 1982||56.6|
Politics and news often play an important role in economic performance.