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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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Jury Selection in Trump’s Hush Money Trial: A Pivotal Stretch

 

The first criminal trial of a former U.S. president has entered a critical phase as jury selection continues in the case against Donald Trump. The trial centers around allegations that Trump falsified business records to conceal a hush money payment to adult film star Stormy Daniels, who could have impacted his 2016 presidential campaign.

Key Points:

  1. Jury Selection Process: The trial, taking place in a Manhattan courtroom, aims to select 12 jurors and several alternates from a pool of 96 prospective jurors. The process could last up to two weeks. Seven jurors have already been chosen, including an oncology nurse, a software engineer, an information technology professional, a sales professional, an English teacher, and two lawyers.

  2. Charges Against Trump: Trump faces 34 felony counts related to falsifying business records. The payments to Michael Cohen, his former lawyer, were falsely labeled as legal services rather than hush money. Prosecutors allege that this was done to conceal violations of federal campaign finance laws and to hide a plan to break New York tax and election laws.

  3. Trump’s Defense: The former president has pleaded not guilty. His legal team is actively participating in the proceedings, engaging in motions and discussions with the Manhattan District Attorney’s Office.

  4. Implications: Once the jury is finalized, opening statements will begin. The trial is expected to last between six and eight weeks. If convicted, Trump could face serious consequences.

As the trial unfolds, all eyes are on the courtroom, where history is being made. The outcome will shape the legacy of a former president and set a precedent for future cases involving high-profile figures.


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