According to Statistics Canada, the dollar experienced an average inflation rate of 2.94% per year. Prices in 2005 are 1044.7% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,144.68 in 2005, a difference of CA$1,044.68 over 84 years.
The inflation rate in 2005 was 2.09%.
|Cumulative price change||1044.68%|
|Average inflation rate||2.94%|
|Price difference (CA$100 base)||CA$1,044.68|
|CPI in 1921||9.4|
|CPI in 2005||107.6|
Politics and news often play an important role in economic performance.