Canadian inflation rate in 1915: 3.28%

Canada Inflation Calculator

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Canadian Inflation Rate, 1915-2018 (CA$1)

The consumer price index (CPI) in 1915 was 6.3. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.99% per year. Prices in 2018 are 1977.8% higher than prices in 1915.

In other words, CA$1 in the year 1915 is equivalent in purchasing power to CA$20.78 in 2018, a difference of CA$19.78 over 103 years.

The current inflation rate in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.

Inflation from 1915 to 2018
Cumulative price change 1977.78%
Average inflation rate 2.99%
Price difference (CA$1 base) CA$19.78
CPI in 1915 6.3
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1915

Start with the inflation rate formula:

CPI in 2018 / CPI in 1915 * 1915 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 6.3 in the year 1915 and 130.9 in 2018:

130.9 / 6.3 * CA$1 = CA$20.78

CA$1 in 1915 has the same "purchasing power" as CA$20.78 in 2018.


News headlines from 1915

Politics and news often influence economic performance. Here's what was happening at the time:

  • French troops force Germans back into the Champagne region, suffering losses of 50,000 men and gaining several hundred yards.
  • Germany uses poison gas for the first time in World War I.
  • Almost 430,000 French, British, and Germans are killed in the Battle of Loos.
  • The one-millionth Model T is produced by Ford Motor Company.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “Inflation Rate in 1915 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1915.


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