2024 Mileage Rate Canada. 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. The canada revenue agency has announced the new 2024 mileage rates:
The kilometric rates (payable in cents per kilometre) will be used for the application of the. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.