According to Statistics Canada, the dollar experienced an average inflation rate of 2.80% per year. Prices in 2015 are 1245.7% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$1,345.74 in 2015, a difference of CA$1,245.74 over 94 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1245.74%|
|Average inflation rate||2.80%|
|Price difference (CA$100 base)||CA$1,245.74|
|CPI in 1921||9.4|
|CPI in 2015||126.5|
Politics and news often play an important role in economic performance.