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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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U.S. Vice President Criticizes Denmark's Role in Greenland's Security

During a recent visit to the U.S. military's Pituffik Space Base in Greenland, Vice President JD Vance openly criticized Denmark for what he described as insufficient efforts to protect Greenland from potential threats posed by Russia and China. Vance emphasized the strategic importance of Greenland, citing increased interest in Arctic passageways, naval routes, and mineral resources from global powers.

While pledging respect for Greenland's sovereignty, Vance urged the semi-autonomous Danish territory to consider closer collaboration with the United States. He assured Greenlanders that the U.S. would invest in additional resources, including naval ships and military icebreakers, to bolster security in the region.

Denmark's response to Vance's remarks has been mixed, with Greenland's new prime minister calling the U.S. visit a "provocation" and Denmark's King Frederik reaffirming his commitment to Greenland's people. The visit has sparked discussions about the balance of power and security in the Arctic, as well as Greenland's future alliances.

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