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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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Liberals to Announce New Leader on March 9

 


The Liberal Party of Canada is set to announce its new leader on March 9, 2025. This announcement follows Prime Minister Justin Trudeau's decision to step down as the party leader and prime minister. The party's national board of directors has established the rules for the leadership contest, including a $350,000 entry fee for candidates.

Several prominent figures have expressed interest in running for the leadership position, including Ontario MP Chandra Arya and former Montreal MP Frank Baylis. Other potential candidates include former finance minister Chrystia Freeland, former B.C. premier Christy Clark, and several current cabinet ministers.

The new leader will guide the Liberal Party into the next federal election and will become the prime minister as long as the party remains in power. The leadership race is expected to be a significant event in Canadian politics, with many eyes on the potential candidates and their platforms.


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