According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.08% per year. Prices in 2006 are 1102.2% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$1,202.20 in 2006, a difference of CA$1,102.20 over 82 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||1102.20%|
|Average inflation rate||3.08%|
|Price difference (CA$100 base)||CA$1,102.20|
|CPI in 1924||9.1|
|CPI in 2006||109.4|
You may use the following MLA citation for this page: “1924 dollars in 2006 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1924-CAD-in-2006.