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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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Trump’s Trade Twist: New Reciprocal Tariffs Aim to Level the Global Playing Field

President Donald Trump has signed a memorandum outlining a plan to impose reciprocal tariffs on all nations that levy duties on U.S. imports. The new policy is designed to “charge them exactly what they charge us” in an effort to create a fairer trading environment for American industries and workers.

Under this initiative, U.S. trade officials will study tariff and non-tariff barriers country by country before recommending specific rates. The implementation of these tariffs is expected to roll out gradually over the coming weeks or months, rather than taking effect immediately. Trump defended the move as a necessary step to end what he calls an “unfair system” that has long disadvantaged the United States in global trade battles.

Critics, however, warn that the new measures could increase costs for consumers and disrupt supply chains, potentially adding to inflationary pressures. Some analysts believe that by encouraging other countries to lower their own duties in a reciprocal fashion, the overall impact on global trade might be less severe than expected. Regardless, this latest action marks another bold escalation in Trump’s long-running trade war strategy, with key partners such as Canada, Mexico, and China poised to feel its effects.


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