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Is the CRA Watching You? The Biggest Audit Triggers Canadians Need to Know in 2026

A Canadian taxpayer reviewing tax documents to avoid a CRA audit in 2026 Nobody wants to get that letter in the mail. A Canada Revenue Agency (CRA) audit can feel overwhelming — but the truth is, most audits don't happen at random. The CRA uses sophisticated data-matching tools, artificial intelligence, and third-party reporting to flag returns that look out of the ordinary. The good news? If you know what triggers an audit, you can file smarter, document better, and sleep easier come tax season. Here are the biggest CRA audit red flags in 2026 — and what you can do about them. 1. Reporting Losses Year After Year If your self-employment or small business consistently reports losses — especially for three or more years in a row — the CRA will start to wonder whether you're operating a legitimate business or simply using it as a tax shelter to write off personal expenses. What to do: Keep detailed records proving genuine business activity: contracts, invoices, client emai...
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AtkinsRéalis to Divest Stake in Highway 407 ETR Toll Road

 

AtkinsRéalis Group Inc., formerly known as SNC-Lavalin, has announced its intention to sell its 6.76% stake in 407 International Inc., the company that owns the Highway 407 ETR toll highway north of Toronto. This strategic move is part of AtkinsRéalis’ focus on its engineering services and nuclear businesses. The other major stakeholders in the toll highway are the Canada Pension Plan Investment Board (with a 50.01% stake) and Cintra Global S.E. (a wholly owned subsidiary of Ferrovial S.A., holding 43.23%).

AtkinsRéalis aims to pursue margin expansion and growth, including investments in rapidly growing markets. These initiatives involve engineering services across the U.S., leveraging their nuclear expertise, and exploring accretive mergers and acquisitions.


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