IFTA Reference

Canadian Annual Interest Rates

Review the annual IFTA interest rate for fleets based in a Canadian member jurisdiction, together with the governing IFTA rule and calculation examples.

Canada rate

Annual IFTA Interest Rate

The annual IFTA rate is the one-year Canadian Federal Treasury Bill rate plus 2%, rounded up to the next whole percentage point.

5%Latest annual rate

Canadian Interest-Rate History

Prior to January 1, 2023: 12%

Effective Date	Canadian Federal Treasury Bill Rate	IFTA Annual Interest Rate
01/01/26	2.3%	5%
01/01/25	3.29%	6%
1/1/2024	5.01%	8%
1/1/2023	4.25%	7%

Canadian Annual Interest Rates

Annual IFTA Interest Rate

Canadian Interest-Rate History

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