Acquitted Air India suspect has to repay BC gov'tCHEK News, Canada -56 minutes agoBC had already loaned a of $6.8 million to the former suspect for his lawyers, but just $1.6 million of it was secured by mortgages on Malik’s hotel ... A lower interest rate gives you less interest to deduct on your income tax, which may increase your tax payments and decrease your total savings from refinancing.