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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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Yemen’s Houthis Target Ships Linked to US, UK, and Israel

 

In a series of military operations, Yemen’s Houthi group targeted four ships across different seas, claiming they were linked to the United States, the United Kingdom, and Israel. Here are the details:

  1. Israeli Ship MSC Unific: The first operation took place in the Arabian Sea, where the Houthi forces targeted the Israeli cargo ship MSC Unific.

  2. U.S. Oil Tanker Delonix: In a second operation, the Houthi forces struck the U.S. oil tanker Delonix, which was sailing in the Red Sea.

  3. U.K. Landing Ship Anvil Point: The third operation occurred in the Indian Ocean, where the Houthi forces targeted the U.K. landing ship Anvil Point.

  4. Mediterranean Sea Incident: The fourth operation involved a ship identified as the “Lucky Sailor” in the Mediterranean Sea.

Yemen’s Iran-aligned Houthi group has been launching drone and missile strikes in shipping lanes since November, expressing solidarity with Palestinians in Gaza. However, Reuters has not independently verified these claims.

These attacks highlight the ongoing tensions in the region and the geopolitical implications surrounding maritime security. The situation remains fluid, and international authorities are closely monitoring developments.

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