There’s never been a better time to Buy BC and support local growers, producers and the food we love right here in B.C.
There’s never been a better time to Buy BC and support local growers, producers and the food we love right here in B.C.
We determine interest rates for mineral land tax and the mine inspection fee on a quarterly basis each year. Here is an explanation of the table below.
Bank rate
The interest rate posted by financial institutions for that month.
Receivable rate (%)
The interest rate you are charged on your overdue balance.
Payable Rate (%)
The interest rate we use to credit interest if you made an overpayment.
Ending period | Bank rate (%) |
Receivable rate (%) |
Payable rate (%) |
2024 | |||
31-Dec-24 | 3.50 | 8.45 | 3.45 |
30-Nov-24 | 4.00 | 8.45 | 3.45 |
31-Oct-24 | 4.00 | 8.45 | 3.45 |
30-Sep-24 | 4.50 | 9.45 | 4.45 |
31-Aug-24 | 4.75 | 9.45 | 4.45 |
31-Jul-24 | 4.75 | 9.45 | 4.45 |
30-Jun-24 | 5.00 | 9.95 | 4.95 |
31-May-24 | 5.25 | 9.95 | 4.95 |
30-Apr-24 | 5.25 | 9.95 | 4.95 |
31-Mar-24 | 5.25 | 10.20 | 5.20 |
29-Feb-24 | 5.25 | 10.20 | 5.20 |
31-Jan-24 | 5.25 | 10.20 | 5.20 |
2023 | |||
31-Dec-23 | 5.25 | 10.20 | 5.20 |
30-Nov-23 | 5.25 | 10.20 | 5.20 |
31-Oct-23 | 5.25 | 10.20 | 5.20 |
30-Sep-23 | 5.25 | 9.95 | 4.95 |
31-Aug-23 | 5.25 | 9.95 | 4.95 |
31-Jul-23 | 5.25 | 9.95 | 4.95 |
30-Jun-23 | 5.00 | 9.70 | 4.70 |
31-May-23 | 4.75 | 9.70 | 4.70 |
30-Apr-23 | 4.75 | 9.70 | 4.70 |
31-Mar-23 | 4.75 | 9.45 | 4.45 |
28-Feb-23 | 4.75 | 9.45 | 4.45 |
31-Jan-23 | 4.50 | 9.45 | 4.45 |
2022 | |||
31-Dec-22 | 4.50 | 8.45 | 3.45 |
30-Nov-22 | 4.00 | 8.45 | 3.45 |
31-Oct-22 | 3.50 | 8.45 | 3.45 |
30-Sep-22 | 3.50 | 6.70 | 1.70 |
31-Aug-22 | 2.75 | 6.70 | 1.70 |
31-July-22 | 2.75 | 6.70 | 1.70 |
30-June-22 | 1.75 | 5.70 | 0.70 |
31-May-22 | 1.25 | 5.70 | 0.70 |
30-Apr-22 | 1.25 | 5.70 | 0.70 |
31-Mar-22 | 0.75 | 5.45 | 0.45 |
28-Feb-22 | 0.50 | 5.45 | 0.45 |
31-Jan-22 | 0.50 | 5.45 | 0.45 |
2021 | |||
31-Dec-21 | 0.50 | 5.45 | 0.45 |
30-Nov-21 | 0.50 | 5.45 | 0.45 |
31-Oct-21 | 0.50 | 5.45 | 0.45 |
30-Sep-21 | 0.50 | 5.45 | 0.45 |
31-Aug-21 | 0.50 | 5.45 | 0.45 |
31-July-21 | 0.50 | 5.45 | 0.45 |
30-June-21 | 0.50 | 5.45 | 0.45 |
31-May-21 | 0.50 | 5.45 | 0.45 |
30-Apr-21 | 0.50 | 5.45 | 0.45 |
31-Mar-21 | 0.50 | 5.45 | 0.45 |
29-Feb-21 | 0.50 | 5.45 | 0.45 |
31-Jan-21 | 0.50 | 5.45 | 0.45 |
2020 | |||
31-Dec-20 | 0.50 | 5.45 | 0.45 |
30-Nov-20 | 0.50 | 5.45 | 0.45 |
31-Oct-20 | 0.50 | 5.45 | 0.45 |
30-Sep-20 | 0.50 | 5.45 | 0.45 |
31-Aug-20 | 0.50 | 5.45 | 0.45 |
31-July-20 | 0.50 | 5.45 | 0.45 |
30-June-20 | 0.50 | 5.95 | 0.95 |
31-May-20 | 0.50 | 5.95 | 0.95 |
30-Apr-20 | 0.50 | 5.95 | 0.95 |
31-Mar-20 | 1.00 | 6.95 | 1.95 |
29-Feb-20 | 2.00 | 6.95 | 1.95 |
31-Jan-20 | 2.00 | 6.95 | 1.95 |
2019 | |||
31-Dec-19 | 2.00 | 6.95 | 1.95 |
30-Nov-19 | 2.00 | 6.95 | 1.95 |
31-Oct-19 | 2.00 | 6.95 | 1.95 |
30-Sep-19 | 2.00 | 6.95 | 1.95 |
31-Aug-19 | 2.00 | 6.95 | 1.95 |
31-July-19 | 2.00 | 6.95 | 1.95 |
30-June-19 | 1.75 | 6.95 | 1.95 |
31-May-19 | 1.75 | 6.95 | 1.95 |
30-Apr-19 | 1.75 | 6.95 | 1.95 |
31-Mar-19 | 1.75 | 6.95 | 1.95 |
28-Feb-19 | 1.75 | 6.95 | 1.95 |
31-Jan-19 | 1.75 | 6.95 | 1.95 |
2018 | |||
31-Dec-18 | 1.75 | 6.70 | 1.70 |
30-Nov-18 | 1.75 | 6.70 | 1.70 |
31-Oct-18 | 1.75 | 6.70 | 1.70 |
30-Sep-18 | 1.50 | 6.45 | 1.45 |
31-Aug-18 | 1.75 | 6.45 | 1.45 |
31-July-18 | 1.75 | 6.45 | 1.45 |
30-June-18 | 1.50 | 6.45 | 1.45 |
31-May-18 | 1.50 | 6.45 | 1.45 |
30-Apr-18 | 1.50 | 6.45 | 1.45 |
31-Mar-18 | 1.50 | 6.20 | 1.20 |
28-Feb-18 | 1.50 | 6.20 | 1.20 |
31-Jan-18 | 1.50 | 6.20 | 1.20 |