The Prescribed Rate Has Held at Three Percent for Six Straight Quarters. The Bond Market Suggests the Window Is Narrowing

Step chart showing Canada's CRA prescribed interest rate holding at 3 percent through the fourth quarter of 2026.

The Canada Revenue Agency's prescribed rate has held at 3% for six straight quarters, a rate advisors can lock in for the life of an income splitting loan at inception. The rate is reset quarterly from Government of Canada Treasury bill yields, and those yields have been climbing toward a two year high. A sustained rise would push the prescribed rate itself higher in a future quarter, narrowing the window to establish a new loan at the current level.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Quarterly bar chart showing the CRA prescribed rate holding at 3 percent from Q1 2022 through Q4 2026.

The Canada Revenue Agency confirmed its prescribed rate stays at 3 percent for the fourth quarter of 2026, the sixth consecutive quarter at…

CRA Prescribed Rate Holds at 3% for a Sixth Straight Quarter

August 21, 2026

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Chart comparing the CRA's prescribed interest rate against Government of Canada 10 year bond yields since 2024.

The Canada Revenue Agency's prescribed rate has held at 3% for six consecutive quarters, unchanged since the third quarter of 2025.

The Prescribed Rate Held at 3 Percent. Everything Around It Moved.

August 14, 2026

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Bar chart showing Canada's CRA prescribed interest rate holding flat at 3% each quarter from 2022 through late 2026.

Canada's CRA prescribed interest rate has held at 3% for six consecutive quarters, the rate used to price family income-splitting loans without attracting a taxable benefit.

CRA Prescribed Rate Holds at 3% as Tariffs Land

August 18, 2026

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