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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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Carney to Request Dissolution of Parliament, Election Expected


Prime Minister Mark Carney is set to visit Governor General Mary Simon this Sunday to request the dissolution of Parliament, paving the way for a federal election. This move comes just a week after Carney's swearing-in as Prime Minister and the appointment of his cabinet.

The election campaign is anticipated to last between 36 and 50 days, with voting day likely to fall on either April 28 or May 5. Recent polls suggest a tight race, with Carney's Liberal Party holding a slight edge over Pierre Poilievre's Conservatives. However, the Liberals' broader geographic voter base could give them an advantage in securing more seats.

This election call comes at a critical juncture, as party leaders prepare to solidify support in key battleground provinces like Ontario, Quebec, and British Columbia. The outcome could shape Canada's political landscape for years to come.

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