Data Sources
Official Canadian government and financial institution sources powering our calculations
Our Data Integrity Promise
NewSUV.net uses only official, verifiable data sources from Canadian government agencies and regulated financial institutions. We never estimate or approximate when official data is available.
Primary Data Sources
Canada Revenue Agency (CRA)
What We Use: Provincial tax rates (HST, GST, PST, QST)
Update Frequency: Monthly verification (rates rarely change, but we monitor continuously)
Why It Matters: CRA is the definitive source for Canadian tax rates. Using official rates ensures our calculations match what you'll actually pay.
Visit CRA Website →Bank of Canada
What We Use: Prime lending rate (baseline for auto loan interest rates)
Update Frequency: Daily at 5 AM ET (before business hours)
Why It Matters: The Bank of Canada prime rate is the foundation for all Canadian auto loan rates. Lenders add their spread (typically 2-5%) to this rate.
Visit Bank of Canada →Natural Resources Canada (NRCan)
What We Use: Official fuel consumption ratings for all vehicles sold in Canada
Update Frequency: Annual refresh with new model year data
Coverage: 2015-2025 model years
Why It Matters: NRCan ratings are standardized across all manufacturers, allowing accurate fuel cost comparisons.
Visit NRCan →Canadian Black Book
What We Use: Vehicle residual values for lease calculations, market pricing data
Update Frequency: Weekly for pricing, quarterly for residuals
Why It Matters: Canadian Black Book is the automotive industry standard for vehicle valuations in Canada.
Provincial Insurance Authorities
What We Use: Public insurance rate tables and industry reports
Sources Include:
- ICBC (British Columbia)
- SGI (Saskatchewan)
- MPI (Manitoba)
- Insurance Bureau of Canada (private insurance provinces)
Update Frequency: Quarterly (insurance rates change seasonally)
GasBuddy / NRCan Fuel Prices
What We Use: Current fuel prices by province
Update Frequency: Daily
Geographic Granularity: Provincial averages
Data Verification Process
- Automated Daily Checks: Our system automatically fetches Bank of Canada rates and fuel prices every morning
- Monthly Tax Rate Verification: We cross-reference CRA tax rates against provincial government websites
- Quarterly Manual Audits: Our team manually verifies insurance estimates and residual values
- User Feedback Loop: We investigate all user-reported discrepancies within 24 hours
- Third-Party Validation: Annual review by Canadian automotive finance professionals
What We Don't Use
To maintain accuracy and avoid conflicts of interest, we explicitly do NOT use:
- Dealer-provided pricing data (to avoid bias)
- Manufacturer marketing materials (often optimistic)
- US-based data sources (different tax systems and rates)
- Crowdsourced or user-submitted data (unverifiable)
- Estimated or interpolated tax rates (we use official rates only)
Data Freshness Indicators
Every calculator displays when key data was last updated:
Tax Rates
Last verified: [Date]
Source: Canada Revenue Agency
Interest Rates
Updated: [Date]
Source: Bank of Canada
Report Data Issues
If you notice any discrepancy between our calculations and official sources, please report it immediately:
Data Accuracy Team
Email: accuracy@newsuv.net
We investigate all reports within 24 hours and update our systems immediately if an error is confirmed.
Transparency Commitment
We believe transparency builds trust. That's why we openly share our data sources, update frequencies, and verification processes. If you have questions about where any number in our calculators comes from, we'll show you the exact source.