The Honeymoon Is over for Canadian Couples: CRA Expected to Announce Prescribed Interest Rate IncreaseKorenblum, Henry
CRA’s prescribed rate. However, if structured properly the prescribed rate in effect at the time of the loan will continue to apply until the loan is repaid, regardless of future changes to the prescribed rates. Loans made prior to the end of the current quarter (i.e...
However, please note that each individual's tax situation is unique and dependent on a variety of factors. Before proceeding with any tax planning, a tax professional should always beconsulted. For further information, please contact your Scotiabank representative or wealthadvisor.Kevin Tran...