According to Statistics Canada, the dollar experienced an average inflation rate of 3.05% per year. Prices in 1985 are 581.9% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$681.91 in 1985, a difference of CA$581.91 over 64 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||581.91%|
|Average inflation rate||3.05%|
|Price difference (CA$100 base)||CA$581.91|
|CPI in 1921||9.4|
|CPI in 1985||64.1|
Politics and news often play an important role in economic performance.