Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

How to Save Money on Kids’ Expenses Without Sacrificing Fun

Raising kids can be expensive, but it doesn’t have to be. There are many ways to cut costs on kids’ expenses without compromising their happiness or well-being. Here are some tips to help you save money and still have fun with your kids:

  • Simplify birthday parties: Instead of spending hundreds of dollars on venues, food and entertainment, host a party at home or a nearby park. Kids will enjoy playing games, eating cake and spending time with their friends. You can also ask guests to bring a dish or a gift to share.
  • Postpone the trips: Traveling with kids can be enriching, but also costly and stressful. Wait until your kids are old enough to appreciate and remember the experience. You can also explore local attractions, go camping or visit relatives instead of flying abroad.
  • Reduce the clutter. Kids don’t need a lot of toys and books to be happy. Having too many can overwhelm them and reduce their creativity. Choose quality over quantity and donate or sell the ones they don’t use. You can also borrow books from the library, swap with friends or buy secondhand.
  • Delay the activities: Enrolling your kids in various activities can be beneficial, but also expensive and time-consuming. Consider whether your kids are ready and interested in the activity before signing them up. You can also encourage them to play outdoors, do arts and crafts or learn new skills at home.
  • Dress them smartly: Kids grow fast and their tastes change quickly. Buying them fancy clothes can be a waste of money and closet space. Opt for comfortable, durable and versatile outfits that can be mixed and matched. You can also shop at thrift stores, swap with friends or make your own clothes.
Labels:

Comments

Post a Comment