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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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Northern Lights Illuminate the East of England: A Spectacular Display of Aurora Borealis


The East of England recently witnessed a breathtaking natural phenomenon—the Northern Lights, also known as the aurora borealis. Night owls and star gazers were treated to a mesmerizing display of color as the skies lit up with vibrant hues. Here’s what you need to know about this awe-inspiring event:

  1. Geomagnetic Storms and Solar Wind Interaction:

    • The Northern Lights occur due to the interaction between charged particles from the solar wind and Earth’s atmosphere.
    • Recently, one of the strongest geomagnetic storms in years hit our planet, creating ideal conditions for the aurora borealis.
  2. Spectacular Sightings:

    • People across the East of England—from Buckinghamshire to Norfolk—captured stunning images of the lights.
    • Social media flooded with photographs showcasing the ethereal glow of the Northern Lights.
  3. Best Viewing Times:

    • If you’re eager to witness this celestial spectacle, wait until after 22:30 BST for the best views.
    • The magenta and red hues danced across the night sky, leaving spectators in awe.
  4. Where to Look:

    • Residents of Cambridge, Burnham on Crouch (Essex), Long Crendon (Buckinghamshire), and other areas were fortunate to witness this rare event.
    • Police officers in Hertfordshire even took a moment during their night shift to capture photos of the illuminated sky.
  5. Further Sightings:

    • There’s a possibility of additional sightings on Saturday night, so keep your eyes on the horizon.

Whether you’re an astronomy enthusiast or simply appreciate the wonders of nature, the Northern Lights provided a magical experience for all who looked up. Remember to gaze skyward and marvel at the cosmic dance of light! 

Sources:

  1. BBC News: Northern Lights illuminate the East of England
  2. BBC News: Northern lights turn skies magenta over East of England12

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