Canada Revenue Agency Mileage Rate 2024. The kilometric rate payable when a canadian registered vehicle is driven on government business travel in more than one province or in the usa shall be the rate. For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70.

In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates for. This is a 3% increase in comparison to.