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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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House Approves $95 Billion Foreign Aid Package for Ukraine and Israel

 

In a significant move, the U.S. House of Representatives has approved a $95 billion package of foreign aid aimed at supporting Ukraine, Israel, and other American allies. The decision comes after months of political turmoil on Capitol Hill, during which congressional leaders worked to overcome opposition from hard-right conservatives.

Aid for Ukraine

The package includes crucial assistance for Ukraine, a country facing ongoing conflict with Russia. The aid is intended to bolster Ukraine’s defense capabilities, enhance security, and promote stability in the region. As tensions persist in Eastern Europe, this allocation underscores the United States’ commitment to supporting its allies.

Support for Israel

Israel, another key ally, will also benefit from the approved aid package. The funds will contribute to Israel’s security needs, strengthen military cooperation, and reinforce diplomatic ties. Given the complex geopolitical landscape in the Middle East, this assistance is vital for maintaining stability and peace in the region.

Bipartisan Efforts

Despite political divisions, congressional leaders managed to push aside opposition and secure the necessary votes to pass the bill. The package will now proceed to the Senate for further consideration. Bipartisan cooperation played a crucial role in ensuring that the aid reaches its intended recipients promptly.

In a statement, House Speaker Mike Johnson emphasized that “the House has worked its will.” The approval of this aid package reflects the commitment of the U.S. government to stand by its allies during challenging times.

As the Senate takes up the legislation, the international community watches closely, recognizing the importance of these funds in promoting global security and stability.

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