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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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Whale Experts Investigate Stranded Pod in Orkney

 

Cetacean experts from across the UK have descended upon Orkney to conduct examinations and post-mortems on a stranded pod of 77 pilot whales. The pod washed ashore on Sunday beach last Wednesday, marking what experts believe to be the largest mass stranding in nearly a century. The team, including members from the Scottish Marine Animal Stranding Scheme (SMASS) and the UK Cetacean Stranding Investigation Programme (CSIP), aims to determine the cause of this tragic event.

The pod, which included male whales measuring up to seven meters (22 feet) long, as well as females, calves, and juveniles, presented a massive undertaking for the experts. Local farmers are on standby to assist with the removal of the carcasses. While some animals were still alive initially, the decision was made to euthanize them after rescue efforts proved challenging.

The investigations involve measuring each carcass and collecting samples of skin, blubber, and muscle. Due to the scale of the stranding, post-mortems will be carried out on some, but not all, of the animals. The site’s difficult accessibility has required the assistance of Sanday locals, who have been transporting experts using four-by-four vehicles. The emotional impact of witnessing so many animals lying on the beach has left the experts feeling helpless, yet they remain committed to understanding the tragedy that unfolded.

As the examinations continue, the scientific community hopes to gain insights into the factors contributing to this devastating event, shedding light on the challenges faced by marine life in our changing world. The Orkney strandings serve as a somber reminder of the delicate balance between human activity and the natural environment


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