The Canada Revenue Agency prescribed rate will remain unchanged at 3 per cent for the third quarter of 2026, the fifth consecutive quarter the rate has held steady. It will be in effect from July 1st, 2026 to September 30th, 2026. As noted in a previous blog, the CRA’s prescribed rate is “used to calculate […]
It’s a proud moment for any fledgling entrepreneur. They start a new business and manage to make it a going concern. Perhaps they’re even taking a salary—a relative luxury for many business owners in the start-up phase—and can finally think about spending on themselves. Maybe a new home is at the top of that expenditure […]
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