According to Statistics Canada consumer price index, prices in 1987 are 866.67% higher than average prices throughout 1916. The dollar experienced an average inflation rate of 3.25% per year during this period, meaning the real value of a dollar decreased.
In other words, CA$100 in 1916 is equivalent in purchasing power to about CA$966.67 in 1987, a difference of CA$866.67 over 71 years.
The 1916 inflation rate was 14.29%. The inflation rate in 1987 was 4.19%. The 1987 inflation rate is higher compared to the average inflation rate of 2.05% per year between 1987 and 2019.
CA$100 in 1916 has the same "purchasing power" or "buying power" as CA$966.67 in 1987.
You may use the following MLA citation for this page: "1916 dollars in 1987 | Canada Inflation Calculator." U.S. Official Inflation Data, Alioth Finance, 26 Apr. 2019, https://www.officialdata.org/1916-CAD-in-1987.