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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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Resilient Workforce: U.S. Jobless Claims Dip to 213,000 Amid Stability

 

The latest data from the U.S. Labor Department shows that initial jobless claims fell by 7,000 to 213,000 for the week ending February 8, outperforming economists’ expectations of 215,000. This decline is a positive indicator of a robust labor market, where layoffs remain historically low, despite ongoing economic uncertainties. 

Complementing this data, January’s employment report revealed an increase of 143,000 nonfarm payroll jobs, with the unemployment rate holding steady at 4.0%. These figures suggest that businesses are largely retaining their workforce, a factor that has enabled the Federal Reserve to pause further interest rate cuts as it assesses economic conditions. 

While some sectors are experiencing isolated job cuts amid persistent inflation and cautious corporate strategies, the overall picture points to a stable and resilient labor market. The sustained strength in job retention continues to support economic expansion, even as policymakers and businesses navigate a complex economic landscape.

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