According to Statistics Canada, the dollar experienced an average inflation rate of 2.93% per year. Prices in 2006 are 1063.8% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,163.83 in 2006, a difference of CA$1,063.83 over 85 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||1063.83%|
|Average inflation rate||2.93%|
|Price difference (CA$100 base)||CA$1,063.83|
|CPI in 1921||9.4|
|CPI in 2006||109.4|
Politics and news often play an important role in economic performance.