All items tagged with: prescribed annual interest rate

A Little Less Grinch: Breaking Interest Rate News

Posted: December 04, 2018
Posted in: Strategic Thinking , Debt Management, interest rates, Bank of canada, Steven Poloz, prescribed annual interest rate

Will Bank of Canada Interest rate setting impact your holiday euphoria? Bank of Canada’s Steven Poloz announced today that the overnight rate would remain at 1.75%.

Fourth Quarter Prescribed Interest Rate Set: It’s 2%

Posted: September 25, 2013
Posted in: Breaking News, Tax Planning , CRA, prescribed annual interest rates

CRA announced on September 23 that the prescribed annual interest rates will indeed go up by 1% on amounts owed to and by the CRA by individuals and corporations.