According to Statistics Canada, the dollar experienced an average inflation rate of 3.07% per year. Prices in 1982 are 515.2% higher than prices in 1922.
In other words, CA$100 in the year 1922 is equivalent to CA$615.22 in 1982, a difference of CA$515.22 over 60 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||515.22%|
|Average inflation rate||3.07%|
|Price difference (CA$100 base)||CA$515.22|
|CPI in 1922||9.2|
|CPI in 1982||56.6|
Politics and news often play an important role in economic performance.