According to Statistics Canada, the dollar experienced an average inflation rate of 2.92% per year. Prices in 2007 are 1091.5% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,191.49 in 2007, a difference of CA$1,091.49 over 86 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||1091.49%|
|Average inflation rate||2.92%|
|Price difference (CA$100 base)||CA$1,091.49|
|CPI in 1921||9.4|
|CPI in 2007||112|
Politics and news often play an important role in economic performance.