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How Crypto is Taxed in Canada — What CRA Expects From You (2026 Guide)

  Published: April 2026 | Reading time: 11 min | Category: Taxes, Investing, Personal Finance A lot of Canadians still believe cryptocurrency exists in a tax-free grey zone. It does not. The Canada Revenue Agency is very clear on this: crypto is taxable, every transaction counts, and CRA has been aggressively pursuing crypto investors who don't report correctly. If you've bought, sold, traded, or earned any cryptocurrency in Canada — Bitcoin, Ethereum, Solana, or anything else — this guide explains exactly what CRA expects from you, what counts as a taxable event, and how to reduce your tax bill legally. The CRA's Official Position on Crypto The CRA treats cryptocurrency as a commodity , not a currency. This is a critical distinction. It means: Crypto is subject to either capital gains tax or income tax depending on how you use it Every time you dispose of crypto — sell it, trade it, spend it, or give it away — you trigger a taxable event Simply holding cryp...
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Canadian stocks edge higher as oil prices lift energy sector, U.S. markets soar to new highs

 

The S&P/TSX composite index closed up 18.82 points, or 0.09 per cent, at 20,173.35 on Friday, as energy stocks gained 1.6 per cent on higher oil prices. The Canadian dollar traded for 79.69 cents US compared with 79.52 cents US on Thursday.

Meanwhile, U.S. markets rallied to record levels, boosted by strong earnings reports and economic data. The Dow Jones industrial average rose 448.23 points, or 1.3 per cent, to 35,061.55, the S&P 500 index added 48.73 points, or 1.1 per cent, to 4,411.79 and the Nasdaq composite increased 142.13 points, or 0.9 per cent, to 14,836.99.

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