Rules, limits and published figures

Reference pages hold the numbers that do not change often: statutory interest limits, payday caps, insolvency timelines, credit reporting windows. Each row carries its publisher, its source link and its as-of date.

Topics

Payday loan rules in Canada The federal definition of a payday loan, the cap on what it can cost, and how provincial limits interact with it. The criminal rate of interest The 35% ceiling in the Criminal Code, what it covers, and the penalty for charging above it. Commercial loan rate rules How the criminal interest rate regime treats business borrowing, including the 48% commercial exemption. Insolvency and credit reporting timelines How long insolvency and missed payments stay on a Canadian credit file, and who is allowed to administer each route.

Benchmark rates

Bank of Canada series used to price Canadian borrowing

Where a figure has not been verified against the publisher's own publication, the row is left blank and links to the publisher instead. The lowest rates are only available to the most qualified applicants.

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