According to Statistics Canada, the dollar experienced an average inflation rate of 2.99% per year. Prices in 1999 are 896.8% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$996.81 in 1999, a difference of CA$896.81 over 78 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||896.81%|
|Average inflation rate||2.99%|
|Price difference (CA$100 base)||CA$896.81|
|CPI in 1921||9.4|
|CPI in 1999||93.7|
Politics and news often play an important role in economic performance.