According to Statistics Canada, the dollar experienced an average inflation rate of 2.97% per year. Prices in 2001 are 936.2% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,036.17 in 2001, a difference of CA$936.17 over 80 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||936.17%|
|Average inflation rate||2.97%|
|Price difference (CA$100 base)||CA$936.17|
|CPI in 1921||9.4|
|CPI in 2001||97.4|
Politics and news often play an important role in economic performance.