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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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South Korea Considers Supplying Arms to Ukraine After Russia-North Korea Pact

 

In a significant policy shift, South Korea has expressed its willingness to consider sending arms to Ukraine. This decision comes after Russia and North Korea signed a defense pact, pledging mutual aid in the event of war. The agreement, which observers believe marks a strong connection between Moscow and Pyongyang since the Cold War’s end, has raised concerns in the region and beyond.

The pact, signed during a summit in Pyongyang, outlines that if either country faces invasion and is pushed into a state of war, the other must provide “military and other assistance” without delay. However, this assistance must align with both countries’ laws and Article 51 of the United Nations Charter, recognizing a member state’s right to self-defense.

South Korea’s presidential office swiftly condemned the agreement, calling it a threat to its security and a violation of U.N. Security Council resolutions. The office warned that this development could strain Seoul’s relations with Moscow. National security adviser Chang Ho-jin stated that Seoul would reconsider providing arms to Ukraine to counter Russia’s invasion.

This situation highlights the delicate balance between regional security concerns and geopolitical dynamics, as South Korea navigates its response to the Russia-North Korea pac. The world watches closely as tensions escalate and alliances shift in the face of global challenges.


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