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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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Ontario Braces for Ice Storm: Power Outages and Travel Disruptions Expected


Ontario is facing a significant ice storm this weekend, with freezing rain, snow, and ice pellets creating hazardous conditions across the province. The storm is expected to arrive in two waves, bringing prolonged freezing rain and heavy snow to many areas.

The first wave began Friday evening and will last into Saturday morning, while the second wave is set to arrive Saturday night and continue into Monday. Communities from cottage country to eastern Ontario are likely to experience ice accretion of up to 20 mm, leading to slippery roads, tree damage, and potential power outages. Northeastern Ontario could see snowfall accumulations of up to 40 cm, further complicating travel.

Residents are advised to stay home if possible, keep devices charged, and prepare for localized power outages. Emergency Management Ontario recommends postponing non-essential travel and staying informed through local weather alerts.


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