Interest Rates on Debts
Interest is capitalized daily on amounts owing.
The interest rate that applies to amounts owed to Revenu Québec is determined on the basis of the mean of the base rates for bank loans to businesses. These rates are published by the Bank of Canada on the last Wednesday of the second month of each quarter and take effect the following quarter. The result is rounded off to the nearest whole number (with one-half being rounded down), and increased by 3%.
| Period | Rate in effect |
|---|---|
| April 1 – June 30, 2024 | 10% |
| January 1 – March 31, 2024 | 10% |
| October 1 – December 31, 2023 | 10% |
| July 1 – September 30, 2023 | 10% |
| April 1 – June 30, 2023 | 10% |
| January 1 – March 31, 2023 | 9% |
| October 1 – December 31, 2022 | 7% |
| July 1 – September 30, 2022 | 6% |
| April 1 – June 30, 2022 | 5% |
| January 1 – March 31, 2022 | 5% |
| October 1 – December 31, 2021 | 5% |
| July 1 – September 30, 2021 | 5% |
| April 1 – June 30, 2021 | 5% |
| January 1 – March 31, 2021 | 5% |
| October 1 – December 31, 2020 | 5% |
| July 1 – September 30, 2020 | 6% |
| April 1 – June 30, 2020 | 7% |
| January 1 – March 31, 2020 | 7% |
| October 1 – December 31, 2019 | 7% |
| July 1 – September 30, 2019 | 7% |
| April 1 – June 30, 2019 | 7% |
| January 1 – March 31, 2019 | 7% |
| October 1 – December 31, 2018 | 7% |
| July 1 – September 30, 2018 | 6% |
| April 1 – June 30, 2018 | 6% |
| January 1 – March 31, 2018 | 6% |
| October 1 – December 31, 2017 | 6% |
| July 1 – September 30, 2017 | 6% |
| April 1 – June 30, 2017 | 6% |
| January 1 – March 31, 2017 | 6% |
| October 1 – December 31, 2016 | 6% |
| July 1 – September 30, 2016 | 6% |
| April 1 – June 30, 2016 | 6% |
| January 1 – March 31, 2016 | 6% |
| October 1 – December 31, 2015 | 6% |
| July 1 – September 30, 2015 | 6% |
| April 1 – June 30, 2015 | 6% |
| January 1 – March 31, 2015 | 6% |
| October 1 – December 31, 2014 | 6% |
| July 1 – September 30, 2014 | 6% |
| April 1 – June 30, 2014 | 6% |
| January 1 – March 31, 2014 | 6% |
| October 1 – December 31, 2013 | 6% |
| July 1 – September 30, 2013 | 6% |
| April 1 – June 30, 2013 | 6% |
| January 1 – March 31, 2013 | 6% |
| October 1 – December 31, 2012 | 6% |
| July 1 – September 30, 2012 | 6% |
| April 1 – June 30, 2012 | 6% |
| January 1 – March 31, 2012 | 6% |
| October 1 – December 31, 2011 | 6% |
| July 1 – September 30, 2011 | 6% |
| April 1 – June 30, 2011 | 6% |
| January 1 – March 31, 2011 | 6% |
| October 1 – December 31, 2010 | 6% |
| July 1 – September 30, 2010 | 5% |
| April 1 – June 30, 2010 | 5% |
| January 1 – March 31, 2010 | 5% |
| October 1 – December 31, 2009 | 5% |
| July 1 – September 30, 2009 | 5% |
| April 1 – June 30, 2009 | 6% |
| January 1 – March 31, 2009 | 7% |
| October 1 – December 31, 2008 | 8% |
| July 1 – September 30, 2008 | 8% |
| April 1 – June 30, 2008 | 9% |
| January 1 – March 31, 2008 | 9% |
| October 1 – December 31, 2007 | 9% |
| July 1 – September 30, 2007 | 9% |
| April 1 – June 30, 2007 | 9% |
| January 1 – March 31, 2007 | 9% |
| October 1 – December 31, 2006 | 9% |
| July 1 – September 30, 2006 | 9% |
| April 1 – June 30, 2006 | 8% |
| January 1 – March 31, 2006 | 8% |
| October 1 – December 31, 2005 | 7% |
| July 1 – September 30, 2005 | 7% |
| April 1 – June 30, 2005 | 7% |
| January 1 – March 31, 2005 | 7% |
| October 1 – December 31, 2004 | 7% |
| July 1 – September 30, 2004 | 7% |
| April 1 – June 30, 2004 | 7% |
| January 1 – March 31, 2004 | 7% |
| October 1 – December 31, 2003 | 8% |
| July 1 – September 30, 2003 | 8% |
| April 1 – June 30, 2003 | 7% |
| January 1 – March 31, 2003 | 7% |
| October 1 – December 31, 2002 | 7% |
| July 1 – September 30, 2002 | 7% |
| April 1 – June 30, 2002 | 7% |
| January 1 – March 31, 2002 | 8% |
| October 1 – December 31, 2001 | 9% |
| July 1 – September 30, 2001 | 10% |
| April 1 – June 30, 2001 | 10% |
| January 1 – March 31, 2001 | 10% |