Rental rate converter

R 03 mHow it works

weekly  = hourly × 40 × 0.85   (= 34 billed hours)
monthly = hourly × 168 × 0.80  (= 134.4 billed hours)
operated = bare + wage × (1 + burden %)
job = max(job hours, minimum) × rate + standby hours × 0.5 × rate
Ontario: straight line between listed sizes, rounded to $0.05

Weekly and monthly. New Brunswick converts hourly machine rates to weekly rates as hourly × 40 × 0.85 and to monthly rates as hourly × 168 × 0.80⁵. That works out to 34 billed hours for a week and 134.4 for a month. It is a government formula for its own rentals, and New Brunswick's rates are bare: they cover ownership, fuel, overhead and profit, and exclude operator wages⁵. Private suppliers set their own weekly and monthly prices, so the second option lets you enter the billed hours your supplier uses.

Bare to operated. Add the operator's wage and the burden on it. Newfoundland and Labrador's schedule gives maximum hourly rates without operator wages, and for operated rentals adds the operator's basic wage plus a 35% burden¹. The calculator offers 35% as an example, labelled as that schedule's convention; your own payroll costs are the right number.

A single job. Each call-out is billed for its hours or the minimum, whichever is more. Prince Edward Island's operated rates carry a 3-hour call-out minimum², and PEI pays standby at 50% of the operated rate². Tick the standby box to apply that convention; leave it off if your supplier bills standby differently.

Ontario by capacity. OPSS.PROV 127 lists boom trucks at five lift capacities, from 7,000 kg at $135.25 an hour³ to 40,000 kg at $368.95³, operator not included. For hoisting equipment between listed sizes, the schedule sets the rate by straight-line interpolation, rounded to the nearest five cents³. The calculator does exactly that and shows no figure outside 7,000 to 40,000 kg.

R 06 mAssumptions and sources

Every conversion here is a published convention, labelled with the government that publishes it. None of them is a rule for private rentals, and the published rates are benchmarks for public works, not quotes.

• New Brunswick's factors, 0.85 on 40 hours for a week and 0.80 on 168 hours for a month, apply to its own machine rental rates for 2026-27⁵.
• The 35% burden is Newfoundland and Labrador's convention for its March 2024 schedule, the newest edition found¹. The same schedule adds 5.8% for equipment rented in Labrador¹.
• PEI's 3-hour minimum and 50% standby are part of its May 2026 operated rates, agreed with the PEI Road Builders and Heavy Construction Association². PEI lists a contracted equipment operator at $47.00 an hour².
• Ontario's April 2024 edition is the one in force. The July 2026 edition, which lists the 7,000 kg boom truck at $131.60 an hour, is a draft⁴, shown in the panel above for comparison only.
• Tax is not included. GST/HST and provincial sales tax on rentals were not researched for this tool.

Individual operators publish rates on their own sites. This page does not quote them; ask the supplier for a written quote that says what is included.

R 09 mReading the result

The weekly and monthly figures are what the hourly rate becomes under the convention you chose. If a supplier quotes you weekly or monthly, divide their price by the hourly rate to see how many hours they are effectively billing, and compare that with New Brunswick's 34 and 134.4.

The operated equivalent turns a bare rate into one you can set against an operated quote. Compare like with like: an operated rate that includes fuel and carries a 3-hour minimum, like PEI's², is not the same as an operated rate with fuel extra. For a full rent, lease or buy comparison over months, use the rent vs lease vs buy calculator.