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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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How to Choose High-Quality Olive Oil: A Guide for Health-Conscious Shoppers

 

Olive oil, a staple of the Mediterranean diet, offers numerous health benefits. From reducing the risk of dementia and poor heart health to promoting cognitive well-being, this golden elixir has much to offer. However, not all olive oils are created equal. To ensure you’re getting the best quality, consider the following factors when selecting your olive oil:

1. Harvest and Processing

  • Opt for brands that prioritize quality from the moment of harvest. Look for oil made from gently harvested, very green olives that haven’t fully ripened. These olives contain a higher concentration of healthful components.
  • Speed matters! Choose oils that go from harvest to processing within a short timeframe. Some companies process olives within two hours, minimizing the risk of oxidation or fermentation.
  • Extra virgin olive oil is the healthiest choice. It’s cold-pressed without high heat or chemical solvents, preserving its nutrients.

2. Freshness and Storage

  • Check product labels for harvest, processing, and bottling dates. Some brands provide this information directly on the label or via QR codes.
  • Aim for bottles that take no more than three months to reach the shelf from harvest. The fresher, the better!
  • Avoid olive oil stored under bright lights or in warm conditions at the grocery store. Heat and light can degrade its quality.

3. Taste and Smell

  • High-quality olive oil should smell fruity, fresh, and slightly grassy. It should have medium to low fluidity.
  • When tasting, look for an intense, slightly bitter flavor with cough-inducing qualities. A clean, fruity taste indicates quality.
  • Ideal containers are dark glass, inox, or ceramic bottles, avoiding PVC containers.

Remember, the health benefits of olive oil come from its components, including oleic acid and polyphenols. So, choose wisely, and elevate your culinary experience with the finest olive oil! 

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