Prescribed interest rate for leasing for November 2022

The prescribed leasing interest rate mandated by the Canada Revenue Agency must be calculated using bond yield information found on the Bank of Canada website. That calculation shows that the prescribed interest rate for leasing for the month of November 2022 will be 4.03%.

The CRA’s instructions on how to calculate the prescribed interest rate for leasing, which includes a link to the necessary bond yield information, can be found at How to calculate Prescribed Interest Rates for Leasing Rules –

If you would like to know more about which benefits you may be applicable for or need help budgeting, please feel free to call us at (905) 305-9722 or email us at and we will help you out!

Leave a Comment

Your email address will not be published. Required fields are marked *


Scroll to Top