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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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U.S. Consumer Prices Rise More Than Expected in December; Weekly Jobless Claims Fall

 

The U.S. consumer prices rose more than expected in December, according to a recent report by the Labor Department’s Bureau of Labor Statistics. The Consumer Price Index (CPI) rose 0.3% last month after nudging up 0.1% in November

The cost of shelter accounted for more than half of the increase in the CPI. In the 12 months through December, the CPI rose 3.4% after increasing 3.1% in November. This increase was higher than the 0.2% on the month and 3.2% on a year-on-year basis that economists polled by Reuters had forecasted.

In addition, the report also stated that weekly jobless claims fell. Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 205,000 for the week ended Dec. 18, the Labor Department said.

This report could delay a much anticipated interest rate cut in March from the Federal Reserve. With the resilient labor market keeping wage growth elevated, some economists expect a rate cut in May or June.


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