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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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Ontario Braces for Back-to-Back Snowstorms: Travel Warnings Issued

Winter is in full swing across Ontario, with three more rounds of snow expected to hit the region this week. The back-to-back storm systems are bringing gusty winds and heavy snowfall, making travel difficult and dangerous.

The first round of snow, a clipper system, has already blanketed eastern Ontario with 5-10 cm of snow, leading to school bus cancellations and winter weather travel advisories in the Greater Toronto Area (GTA). Visibility has been significantly reduced at times, prompting warnings for drivers to slow down and be prepared to stop.

As the clipper system moves out, lake-effect snow will sporadically impact southern Ontario, potentially bringing **10-20 cm of snow** locally. Another clipper system is expected to spread snow from Thunder Bay to Ottawa through Thursday afternoon, adding another 5-10 cm of snow to the mix.

The most significant event is forecasted for Thursday night into Friday, with a Texas low developing near Lake Erie. This system could bring a mix of rain and snow, changing to heavy snowfall as colder air moves in. Forecasters are closely monitoring the storm's track, as it could be quite impactful for the region.

With temperatures plunging into the minus teens by Saturday, Ontarians are advised to stay updated with the latest weather alerts and road conditions. The first few weeks of February are expected to be volatile, with an active pattern of winter systems.




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