According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.22% per year. Prices in 1985 are 790.3% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$890.28 in 1985, a difference of CA$790.28 over 69 years.
The inflation rate in 1985 was 4.40%.
|Cumulative price change||790.28%|
|Average inflation rate||3.22%|
|Price difference (CA$100 base)||CA$790.28|
|CPI in 1916||7.2|
|CPI in 1985||64.1|
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 1985 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Apr. 2018, http://www.in2013dollars.com/1916-CAD-in-1985.