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Education only · not financial, tax or legal adviceCanadian facts checked 2026-10-31 · a MITEY site
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Canadian crypto tax map: what CRA has said, and where it is silent

Based on CRA pages modified between 2025-10-29 and 2025-12-02 and checked 2026-10-30. Education only; your facts decide your treatment.

Mitey the yeti seated on a rock, reading a ledger, with a tax receipt with a maple leaf
Mitey says: Every number in this picture is worked out in the notes below it.
Canadian crypto tax mapWhat happened?Disposed of itsell · trade · spendgift · gambleReceived rewardsstaking · miningUsed DeFilend · LP · wrapbridge · borrowCapital or business?case by case (CRA)capital: ½ taxablebusiness: fully taxableCentralized platformstaking: generallyincome when creditedmining: usually businessCRA silentno DeFi-specificguidance as of2026-10-30Every path: track ACB in CAD · keep records ≥ 6 years · CARF platform reporting proposed for 2027
Canadian crypto tax map: what CRA has said, and where it is silent. Based on CRA pages modified between 2025-10-29 and 2025-12-02 and checked 2026-10-30. Education only; your facts decide your treatment.

Reading the infographic

  • Dispositions include selling, trading one crypto-asset for another, paying for goods or services, gifting and gambling.
  • Each gain or loss is either business income (fully taxable) or a capital gain (half taxable); CRA decides case by case.
  • Staking rewards on a centralized platform are generally income when credited. Mining is usually a business.
  • CRA has not published guidance on DeFi lending, liquidity pools, wrapping or bridging (as of 2026-10-30).
  • Keep records for at least six years. Platform reporting under CARF is proposed for 2027.

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You may share this infographic with a link back to this page. Numbers are hypothetical teaching examples unless a date and source are shown.

Education only. Nothing on this page is financial, investment, tax or legal advice, or a recommendation to buy, sell, stake, lend or borrow any crypto-asset. Crypto-assets can lose some or all of their value and are not covered by CDIC. Canadian rules change: check the dated sources above and talk to a qualified professional about your situation. Full disclaimer.