If you exchange one cryptocurrency – say Bitcoin, for example, – for another cryptocurrency – say Litecoin – do you have to pay tax on
Police Investigate Cryptocurrency Exchanges Re: Trucker Protests
According to the Globe and Mail the RCMP have sent letters to cryptocurrency exchanges and financial institutions instructing them to stop facilitating transactions with accounts
Read MorePolice Investigate Cryptocurrency Exchanges Re: Trucker Protests
Selling Your Cryptocurrencies
When you sell your cryptocurrency for a profit there are tax consequences. The profit you made is taxable either as a capital gain or as
Converting Your Home to a Rental Property: Don’t Forget to Make This Election
When you convert your home from a principal residence to a rental property, the Canada Revenue Agency (“CRA”) treats it as if you sold your
Read MoreConverting Your Home to a Rental Property: Don’t Forget to Make This Election