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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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Ungraded Beef in Canadian Grocery Stores: What You Need to Know

 


Shoppers across Canada have been raising eyebrows at the sight of “ungraded” beef from Mexico on sale in local grocery stores. The term itself has sparked curiosity and concern, leaving many wondering what it truly means. Let’s dive into the details.

What Is Ungraded Beef?

Simply put, ungraded beef is exactly what it sounds like: beef that hasn’t been assigned a specific grade. In Canada, there are 13 different beef grades, each reflecting the quality and characteristics of the meat. Here’s a quick rundown:

  1. Prime: The highest grade, known for its exceptional marbling and tenderness.
  2. AAA: High-quality beef with good marbling.
  3. AA: Still excellent, but with slightly less marbling than AAA.
  4. A: Good quality beef suitable for everyday cooking.

When you encounter “ungraded” beef, it means that it hasn’t undergone the grading process. But what does this mean for consumers?

  1. Safety: Contrary to some concerns, “ungraded” doesn’t necessarily imply unsafe. It simply lacks the official stamp of approval that graded beef receives. However, reputable suppliers ensure that all beef, regardless of grading, meets safety standards.

  2. Flavor and Texture: Ungraded beef may vary in flavor and tenderness. Some find it more rustic and robust, while others prefer the consistency of graded cuts. It’s a matter of personal preference.

  3. Cooking Approach: Ungraded beef can be a delightful surprise for adventurous cooks. Experiment with different cooking methods—grilling, slow-cooking, or pan-searing—to appreciate its unique qualities.

Next time you spot “ungraded” beef at your local grocery store, remember that it’s not a mystery meat. It’s an opportunity to explore a different facet of beef, one that hasn’t been neatly categorized. Whether you choose to embrace it or stick with your favorite graded cuts, the choice is yours.



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