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

Carney and Trump to Discuss Economic Strategies

A highly anticipated call between Mark Carney, former Governor of the Bank of Canada, and former U.S. President Donald Trump is set to take place this morning. Sources suggest the conversation will focus on economic strategies and potential collaborations amidst evolving global challenges. While the specifics of the agenda remain undisclosed, this dialogue could have significant implications for North American economic policies and international relations. Observers are keen to see how this exchange might shape future economic directions.




Labels:

Comments

Post a Comment