According to Statistics Canada, the dollar experienced an average inflation rate of 3.10% per year. Prices in 1983 are 543.5% higher than prices in 1922.
In other words, CA$100 in the year 1922 is equivalent to CA$643.48 in 1983, a difference of CA$543.48 over 61 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||543.48%|
|Average inflation rate||3.10%|
|Price difference (CA$100 base)||CA$543.48|
|CPI in 1922||9.2|
|CPI in 1983||59.2|
Politics and news often play an important role in economic performance.