The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from July 1, 2019 to September 30, 2019.
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Canada Gazette - Official Regulations
July 12, 2019
The following was published in Part II of the Canada Gazette on July 10, 2019.
Bank of Canada holds interest rate steady at 1.75%, citing trade tensions
July 11, 2019
The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts.
Notice to industry – Authenticity of honey in the Canadian marketplace
July 11, 2019
The Canadian Food Inspection Agency (CFIA) launched a targeted surveillance strategy in 2018 to verify if honey samples were authentic and not adulterated with foreign sugars. A report summarizing the findings has been posted.
Canadian and U.S. economies are converging but danger lurks: Don Pittis
July 11, 2019
On the face of it, Bank of Canada governor Stephen Poloz and his deputy Carolyn Wilkins had some excellent news about the Canadian economy in yesterday's Monetary Policy Report.