Table 1. Interest rate

The table below identifies the interest rates in effect to be used as per section 45 of the Oil Sands Royalty Regulation, 2009 (A.R. 223/2008).

Month 2019 2018 2017 2016 2015 2014 2013
January 1 4.95 4.20 3.70 3.70 4.00 4.00 4.00
February 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
March 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
April 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
May 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
June 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
July 1 4.95 4.45 3.70 3.70 3.85 4.00 4.00
August 1 4.95 4.70 3.95 3.70 3.70 4.00 4.00
September 1 4.95 4.70 3.95 3.70 3.70 4.00 4.00
October 1 4.95 4.70 4.20 3.70 3.70 4.00 4.00
November 1 4.95 4.95 4.20 3.70 3.70 4.00 4.00
December 1   4.95 4.20 3.70 3.70 4.00 4.00

 

Month 2012 2011 2010 2009 2008 2007 2006
January 1 4.00 4.00 3.25 4.50 7.00 7.00 6.00
February 1 4.00 4.00 3.25 4.00 6.75 7.00 6.25
March 1 4.00 4.00 3.25 4.00 6.75 7.00 6.25
April 1 4.00 4.00 3.25 3.50 6.25 7.00 6.50
May 1 4.00 4.00 3.25 3.25 5.75 7.00 6.75
June 1 4.00 4.00 3.25 3.25 5.75 7.00 7.00
July 1 4.00 4.00 3.50 3.25 5.75 7.00 7.00
August 1 4.00 4.00 3.75 3.25 5.75 7.25 7.00
September 1 4.00 4.00 3.75 3.25 5.75 7.25 7.00
October 1 4.00 4.00 4.00 3.25 5.75 7.25 7.00
November 1 4.00 4.00 4.00 3.25 5.00 7.25 7.00
December 1 4.00 4.00 4.00 3.25 5.00 7.25 7.00
Source: Alberta Treasury Branch Financial (Prime +1%)

Contact

Connect with Oil Sands Operations:

Hours: 8:15 am to 4:30 pm (open Monday to Friday, closed statutory holidays)

Email:
Oil Sands Royalty Project Applications and Compliance osrapplications.energy@gov.ab.ca
Oil Sands Royalty Administration osreport@gov.ab.ca
Oil Sands Royalty Information Management osrim@gov.ab.ca
Oil Sands Tenure ostenure@gov.ab.ca

Mailing Address:
Alberta Energy
Oil Sands Operations
6th floor, Petroleum Plaza, North Tower
9945 108 Street
Edmonton Alberta  T5K 2G6