According to Statistics Canada, the dollar experienced an average inflation rate of 2.83% per year. Prices in 2013 are 1205.3% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,305.32 in 2013, a difference of CA$1,205.32 over 92 years.
The inflation rate in 2013 was 1.24%.
|Cumulative price change||1205.32%|
|Average inflation rate||2.83%|
|Price difference (CA$100 base)||CA$1,205.32|
|CPI in 1921||9.4|
|CPI in 2013||122.7|
Politics and news often play an important role in economic performance.