According to Statistics Canada, the dollar experienced an average inflation rate of 2.82% per year. Prices in 2014 are 1224.5% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,324.47 in 2014, a difference of CA$1,224.47 over 93 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1224.47%|
|Average inflation rate||2.82%|
|Price difference (CA$100 base)||CA$1,224.47|
|CPI in 1921||9.4|
|CPI in 2014||124.5|
Politics and news often play an important role in economic performance.