The Canada Revenue Agency has confirmed that the prescribed rate for the fourth quarter of 2025 will hold steady at 3 per cent. The rate will be in effect from October 1st, 2025 to December 31st, 2025. In Q3 2025, the rate reached its lowest level since the fourth quarter of 2022, after increasing to […]
The Canada Revenue Agency prescribed rate will decrease to 4 per cent for the first quarter of 2025—the period from January 1st to March 31st , 2025—down from 5 per cent in Q4 2024. The rate held steady for two straight quarters this year after climbing steadily in the wake of the COVID-19 pandemic as […]
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