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Interest on Security Deposits
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| Pursuant to subsection 21(2) of theFinancial Administration Act,the |
| Minister of Finance has approved the payment of interest on contractor's |
| security deposits paid into the Consolidated Revenue Fund at the rate set |
| out in P.C.1970-300. This rate is equal to 90% of the simple arithmetic |
| mean of the accepted bi-weekly three-month Treasury bill tender rates |
| for the month immediately preceding the month in respect of which |
| interest may be paid. |
| The rate so calculated is: |
| 0.63% per annum in respect of monies on deposit during the month of |
| September 2010. |
| 2010-04 |
0.21% |
| 2010-05 |
0.32% |
| 2010-06 |
0.37% |
| 2010-07 |
0.50% |
| 2010-08 |
0.54% |
| 2010-09 |
% |
| 2010-10 |
% |
| 2010-11 |
% |
| 2010-12 |
% |
| 2011-01 |
% |
| 2011-02 |
% |
| 2011-03 |
% |
| |