CRA tax instalment due dates
CRA quarterly tax instalments are due March 15, June 15, September 15, December 15. The net tax owing threshold, reminders and calculation options explained.
View reference →Canadian lending reference data
Each reference page states a real value with its publisher, source link and the date it was retrieved. Where no official figure exists, we link to the source rather than estimate.
Credit reporting in Canada
How credit reporting works in Canada: the two bureaus, hard versus soft inquiries, what appears on a report, and how to correct an error.
View reference →Criminal rate of interest in Canada
The criminal rate of interest in Canada is 35% APR, reduced from 48% on 1 January 2025. What it covers, what it excludes, and how it applies to your loan.
View reference →Interest Act disclosure rules
Under section 4 of the Interest Act, where a mortgage or agreement for sale does not state an annual interest rate, interest is capped at 5% per annum.
View reference →Minimum down payment in Canada
The federal minimum down payment in Canada is 5% up to $500,000, 10% between $500,000 and $1,500,000, and 20% above that. How it is calculated.
View reference →Mortgage qualification rules in Canada
How federally regulated lenders qualify a Canadian mortgage: the OSFI B-20 stress test, minimum down payment, amortization limits and debt-service guidelines.
View reference →Payday loan cost cap
The federal payday loan cost cap is $14 per $100 borrowed, with dishonoured-payment fees capped at $20 and a maximum loan of $1,500. How it works.
View reference →Payday loan rules by province and territory
Payday loan rules for every Canadian province and territory: cost cap, maximum loan, income limits, cooling-off period and rollover rules.
View reference →Important legal information
Promissory.ca is not a lender, bank, mortgage broker or credit counsellor. We do not make lending decisions and we do not charge you a fee to use this service.
Submitting an application does not guarantee approval. All applications, rates and terms are set and approved solely by the individual lender or licensed professional.
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