According to Statistics Canada, the dollar experienced an average inflation rate of 3.16% per year. Prices in 1991 are 781.9% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$881.91 in 1991, a difference of CA$781.91 over 70 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||781.91%|
|Average inflation rate||3.16%|
|Price difference (CA$100 base)||CA$781.91|
|CPI in 1921||9.4|
|CPI in 1991||82.9|
Politics and news often play an important role in economic performance.