The numbers that decide what comes out of your pay, what credit costs and how much you are allowed to shelter from tax. Each one names the agency that publishes it, the date it took effect, and the date we last checked it against the source.
Whole set last reviewed August 1, 2026.
1 figure
Interest & credit
What credit costs and what safe money earns.
Bank of Canada policy rate
2.25%
Held at the July 2026 decision
In effect since Jul 15, 2026·Checked Aug 1, 2026·Bank of Canada
What it means for you: Variable mortgages and lines of credit move with this within days. Fixed mortgage rates follow bond yields instead, so they move earlier and less predictably.
What it means for you: You pay 5.95% on earnings between $3,500 and the ceiling, then 4% on the slice up to $85,000. Above that, CPP stops for the year.
What it means for you: EI stops coming off your cheque once you have paid $1,123.07 for the year. Quebec pays a lower rate because QPIP covers parental benefits there.
What it means for you: Income up to this amount is effectively free of federal tax. It is a credit at 14%, not a deduction, so it is worth the same to everyone who gets the full amount.
What it means for you: The bottom federal rate came down for 2026, which also lowers the value of every non-refundable credit, since they are all claimed at this rate.
What it means for you: New room added this year. Unused room from every year since you turned 18 carries forward, so your actual room is usually far more than this.
What it means for you: The ceiling on this year's RRSP room. Your own limit is 18% of last year's earned income capped at this, plus anything you carried forward.
Rates change. We re-check these on a schedule and stamp each one with the date it was last confirmed, but always verify anything you are about to act on against the agency itself. Every figure above links straight to its source.