According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.08% per year. Prices in 1981 are 619.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$719.44 in 1981, a difference of CA$619.44 over 65 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||619.44%|
|Average inflation rate||3.08%|
|Price difference (CA$100 base)||CA$619.44|
|CPI in 1916||7.2|
|CPI in 1981||51.8|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1916 dollars in 1981 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 28 May. 2018, https://www.officialdata.org/1916-CAD-in-1981.