Customs Interest Calculation Program

Interest Rates Table

Quarterly interest rates that apply to amounts owed to the CBSA and to amounts the CBSA owes to individuals and corporations, from October 1986 to present. These rates are calculated quarterly in accordance with applicable legislation.

The rates listed on this page are used by the Customs Interest Calculation Program.

2017

Quarter Prescribed Interest Rate Specified Interest Rate
April 1 - June 30 0.4681 6.4681
January 1 - March 31 0.5005 6.5005

2016

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.4883 6.4883
July 1 - September 30 0.5000 6.5000
April 1 - June 30 0.4507 6.4507
January 1 - March 31 0.4069 6.4069

2015

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.5187 6.5187
July 1 - September 30 0.6110 6.6110
April 1 - June 30 0.7531 6.7531
January 1 - March 31 0.8895 6.8895

2014

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.9426 6.9426
July 1 - September 30 0.9256 6.9256
April 1 - June 30 0.8897 6.8897
January 1 - March 31 0.9795 6.9795

2013

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 1.0163 7.0163
July 1 - September 30 0.9816 6.9816
April 1 - June 30 0.9369 6.9369
January 1 - March 31 0.9959 6.9959

2012

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.8896 6.8896
July 1 - September 30 0.9932 6.9932
April 1 - June 30 0.8245 6.8245
January 1 - March 31 0.8646 6.8646

2011

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.9316 6.9316
July 1 - September 30 0.9722 6.9722
April 1 - June 30 0.9914 6.9914
January 1 - March 31 0.9046 6.9046

2010

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.5961 6.5961
July 1 - September 30 0.3508 6.3508
April 1 - June 30 0.1910 6.1910
January 1 - March 31 0.2311 6.2311

2009

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 0.2424 6.2424
July 1 - September 30 0.3611 6.3611
April 1 - June 30 0.9346 6.9346
January 1 - March 31 1.9118 7.9118

2008

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 2.4247 8.4247
July 1 - September 30 2.3905 8.3905
April 1 - June 30 3.6017 9.6017
January 1 - March 31 3.9903 9.9903

2007

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.5373 10.5373
July 1 - September 30 4.1684 10.1684
April 1 - June 30 4.1613 10.1613
January 1 - March 31 4.1571 10.1571

2006

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.1828 10.1828
July 1 - September 30 3.9350 9.9350
April 1 - June 30 3.4622 9.4622
January 1 - March 31 2.9746 8.9746

2005

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 2.5721 8.5721
July 1 - September 30 2.5033 8.5033
April 1 - June 30 2.4665 8.4665
January 1 - March 31 2.5423 8.5423

2004

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 2.0616 8.0616
July 1 - September 30 1.9774 7.9774
April 1 - June 30 2.3659 8.3659
January 1 - March 31 2.6229 8.6229

2003

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 2.9179 8.9179
July 1 - September 30 3.2152 9.2152
April 1 - June 30 2.7253 8.7253
January 1 - March 31 2.8082 8.8082

2002

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 2.8093 8.8093
July 1 - September 30 2.3926 8.3926
April 1 - June 30 1.9261 7.9261
January 1 - March 31 2.7478 8.7478

2001

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.2640 10.2640
July 1 - September 30 4.4517 10.4517
April 1 - June 30 5.2740 11.2740
January 1 - March 31 5.6196 11.6196

2000

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 5.5880 11.5880
July 1 - September 30 5.4000 11.4000
April 1 - June 30 5.0350 11.0350
January 1 - March 31 4.7929 10.7929

1999

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.6212 10.6212
July 1 - September 30 4.5312 10.5312
April 1 - June 30 4.6324 10.6324
January 1 - March 31 4.7078 10.7078

1998

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.9365 10.9365
July 1 - September 30 4.6477 10.6477
April 1 - June 30 4.1751 10.1751
January 1 - March 31 3.3576 9.3576

1997

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 3.2275 9.2275
July 1 - September 30 3.1735 9.1735
April 1 - June 30 2.8324 8.8324
January 1 - March 31 3.3723 9.3723

1996

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.6338 10.6338
July 1 - September 30 4.9872 10.9872
April 1 - June 30 5.4210 11.4210
January 1 - March 31 6.6133 12.6133

1995

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 6.5704 12.5704
July 1 - September 30 8.0467 14.0467
April 1 - June 30 7.4879 13.4879
January 1 - March 31 5.3743 11.3743

1994

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 6.0645 12.0645
July 1 - September 30 5.8453 11.8453
April 1 - June 30 3.7117 9.7117
January 1 - March 31 4.5568 10.5568

1993

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 4.3122 10.3122
July 1 - September 30 5.1947 11.1947
April 1 - June 30 6.7093 12.7093
January 1 - March 31 7.1564 13.1564

1992

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 5.3347 11.3347
July 1 - September 30 6.8347 12.8347
April 1 - June 30 7.0227 13.0227
January 1 - March 31 8.0104 14.0104

1991

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 8.6661 14.6661
July 1 - September 30 9.4169 15.4169
April 1 - June 30 10.8460 16.8460
January 1 - March 31 12.3768 18.3768

1990

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 13.3677 19.3677
July 1 - September 30 13.4377 19.4377
April 1 - June 30 12.0745 18.0745
January 1 - March 31 12.1984 18.1984

1989

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 12.0726 18.0726
July 1 - September 30 12.2929 18.2929
April 1 - June 30 11.1471 17.1471
January 1 - March 31 10.2878 16.2878

1988

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 9.2663 15.2663
July 1 - September 30 8.7552 14.7552
April 1 - June 30 8.4181 14.4181
January 1 - March 31 8.8510 14.8510

1987

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 8.5274 14.5274
July 1 - September 30 7.4835 13.4835
April 1 - June 30 7.6143 13.6143
January 1 - March 31 8.3194 14.3194

1986

Quarter Prescribed Interest Rate Specified Interest Rate
October 1 - December 31 8.2912 14.2912