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Tax Deadline April 30: The Most Common CRA Mistakes Canadians Make — and How to Avoid Them

Missed deductions, wrong SINs, unreported side income — these are the errors that delay your refund, trigger CRA letters, and quietly cost Canadians millions every year. Here's your 2026 checklist With April 30 just days away, millions of Canadians are racing to pull together slips, receipts, and records before the Canada Revenue Agency's personal income tax deadline. But filing on time and filing  correctly  are two very different things. The CRA flags thousands of returns each year for errors that are entirely preventable — errors that delay refunds, generate costly reassessments, and sometimes result in penalties that linger for months. Whether you're a first-time filer, a seasoned DIY-er, or someone handing everything to an accountant, here are the 10 most common CRA mistakes Canadians make — and exactly how to avoid each one. 1. Misunderstanding the April 30 deadline The filing deadline for most Canadians is  April 30, 2026 . Miss it when you owe money, and you'll ...
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Tariff Shock: Overnight Gas Prices Set to Jump by At Least 10%

 

New U.S. tariffs on Canadian and Mexican oil imports are poised to hit the gas pump hard. President Trump’s recent move—imposing a 10% duty on Canadian energy products and a steeper 25% tariff on Mexican oil—is expected to drive refining costs upward, with consumers likely to bear the brunt.

Experts warn that as U.S. refineries, particularly those in the Midwest and Gulf Coast, struggle to adjust to higher input costs from a trade-disrupted oil market, gas prices could spike by at least 10% overnight. “Expect fuel prices will rise noticeably if oil and refined products are not exempt,” said a leading analyst, emphasizing that the cost pressures will quickly transfer to consumers at the pump citeturn0search2.

The tariffs, intended to pressure trade partners on issues like illegal immigration and drug smuggling, come at a time when the U.S. imports roughly 4 million barrels per day of Canadian oil and over 450,000 barrels per day from Mexico. With refineries largely set up to process these specific types of crude, finding alternative sources won’t be an easy fix.

While some industry insiders hope that temporary exemptions might be negotiated to alleviate consumer pain, many remain skeptical. As the tariffs take effect, American drivers may soon notice a significant, immediate impact on fuel prices, adding a new challenge to an already complex economic landscape citeturn0search0.

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