Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Mexico Prepares for Potential Tariffs with Contingency Plans

Mexico is bracing itself for the possibility of U.S. President Donald Trump imposing tariffs on its goods. President Claudia Sheinbaum assured the public during a press conference that the country is well-prepared with multiple contingency plans, though she refrained from disclosing specific details. "We have a plan B, C, D," Sheinbaum stated, emphasizing Mexico's readiness for any outcome.

The tariff threat stems from U.S. concerns over issues like synthetic drug trafficking and migrant arrivals at its borders. Trump has criticized both Mexico and Canada for not taking stronger action on these matters. In response, Mexican officials recently engaged in diplomatic talks with their U.S. counterparts in Washington, which Sheinbaum described as "cordial" and productive.

While the outcome remains uncertain, Sheinbaum's reassurances highlight Mexico's proactive approach to safeguarding its economy and maintaining strong bilateral relations with the U.S.

Labels:

Comments

Post a Comment