The Canada Revenue Agency (CRA) has announced the prescribed interest rate for leasing rules which will be in effect during the month of July 2019.

The prescribed rate for July is 2.75%.

A chart showing all prescribed interest rates for leasing since 2010 can be found on the CRA website at https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/prescribed-interest-rates-leasing-rules.html.