According to Statistics Canada, the dollar experienced an average inflation rate of 2.85% per year. Prices in 2012 are 1189.4% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,289.36 in 2012, a difference of CA$1,189.36 over 91 years.
The inflation rate in 2012 was 0.83%.
|Cumulative price change||1189.36%|
|Average inflation rate||2.85%|
|Price difference (CA$100 base)||CA$1,189.36|
|CPI in 1921||9.4|
|CPI in 2012||121.2|
Politics and news often play an important role in economic performance.