2024 Mileage Rate Canada. 70 cents per km for the first 5000 km driven, up two cents from last year's rate. The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%.
If you are an employer, go to automobile and motor. The 2024 cra mileage rate in alberta is set to 70 cents per kilometer for the first 5,000 kilometers driven and 64 cents for each extra kilometer.