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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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gingerbread men cookies

 

  • Ingredients:

    • 1/2 cup butter, softened
    • 3/4 cup packed dark brown sugar
    • 1/3 cup molasses
    • 1 large egg
    • 1 tablespoon water
    • 2-2/3 cups all-purpose flour
    • 1 teaspoon baking soda
    • 1/2 teaspoon salt
    • 1 teaspoon ground cinnamon
    • 1 teaspoon ground ginger
    • 1/2 teaspoon ground allspice
    • 1/2 teaspoon ground cloves
    • Frosting of your choice

  • Instructions:

    1. Cream butter and brown sugar until light and fluffy, 5-7 minutes.
    2. Beat in molasses, egg and water.
    3. In another bowl, whisk together remaining ingredients minus frosting; gradually beat into creamed mixture.
    4. Divide dough in half. Shape each into a disk; cover. Refrigerate until easy to handle, about 30 minutes.
    5. Preheat oven to 350°. On a lightly floured surface, roll each portion of dough to 1/8-in. thickness. Cut with a floured 4-in. gingerbread man cookie cutter. Place 2 in. apart on greased baking sheets.
    6. Bake until edges are firm, 8-10 minutes. Remove to wire racks to cool completely.
    7. Frost as desired.

Enjoy your gingerbread men cookies! 

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