The interest on the personal loan is not deductible. However, the accrued interest on the student loan before you paid it off is eligible for a deduction. You can claim that portion now or carry it forward to a later year.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/319-eng.html
The interest on the personal loan is not deductible. However, the accrued interest on the student loan before you paid it off is eligible for a deduction. You can claim that portion now or carry it forward to a later year.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/319-eng.html
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