Guides

Twenty-two pages drafted from CRA and statute sources read on 17 October 2026. The explanation of the rule is first. Nothing here is an instruction to acquire or dispose of property.

• Canada Crypto Superficial Loss Rule: How the 61 Days Work
  A loss can be denied if you or an affiliated person buys the same or identical property within 30 days before or after the sale (Income Tax Act s. 54).3 min read
• Tax-Loss Selling Crypto in Canada: 2026 Dates and Window
  CRA dates for 2026 taxes are expected to be April 30 and June 15, 2027. How the 61-day window falls around a December 2026 sale.3 min read
• Denied Crypto Loss: How It Is Added to ACB (Canada)
  CRA: a superficial loss isn't deductible, but you can usually add it to the adjusted cost base of the substituted property. A worked example.2 min read
• Crypto Capital Losses in Canada: 50% and Carryback
  CRA: only half of a capital loss is allowable, only against taxable capital gains; a net loss carries back 3 years (Form T1A) or forward indefinitely.2 min read
• Spouse or Company Buys the Coin: Affiliated Persons
  CRA examples of affiliated persons: your spouse or common-law partner, a corporation you control, a majority partner, a majority trust beneficiary.3 min read
• Crypto Trader or Investor in Canada: Income vs Capital
  CRA factors for carrying on a crypto business versus holding capital property: frequency, holding period, knowledge, time spent, debt, advertising.2 min read
• Buy Back Bitcoin After a Loss in Canada: What's Identical?
  No CRA position found on which crypto is 'identical'. The 30-day window, the archived IT-387R2 test, and what stays open for wrapped or staked tokens.2 min read
• US Wash Sale vs Canada Superficial Loss for Crypto
  Canada's superficial loss rule already applies to capital property; the US wash-sale rule for crypto is only a proposal in H.R. 10357, as introduced.2 min read
• Swapping One Crypto for Another in Canada: Gain Example
  CRA: trading one crypto-asset for another is a disposition. CRA's example: a $5,600 gain taxed at 50%, or a $4,400 loss with $2,200 allowable.2 min read
• Paying With Crypto in Canada: Barter and Disposition Rules
  CRA: paying for goods or services with crypto is treated as a barter transaction. You dispose of the crypto; the vendor includes the value in income.2 min read
• Moving, Gifting or Donating Crypto in Canada: Taxable?
  CRA: transfers between wallets you own are not taxable dispositions; a gift or donation of crypto is a disposition that may have tax implications.2 min read
• Canada's Crypto Reporting Framework: Bill C-31 Status
  Bill C-31 would add CARF to the Income Tax Act for 2027 onward. LEGISinfo shows it in committee; third reading not reached as of October 17, 2026.3 min read
• Schedule 3 Line 7: Reporting Crypto Gains in Canada
  What the CRA says about Schedule 3, line 7 crypto-assets (lines 15200 and 15301), taxable capital gains on line 12700 and net capital losses.3 min read
• Crypto Records in Canada: What the CRA Says to Keep
  The CRA lists what to keep for crypto transactions: units, dates, CAD value, wallet addresses, exchange ledgers, and a six-year retention period.3 min read
• Crypto Mining and Staking in Canada: What the CRA Says
  CRA: business mining income counts when earned, exchange staking rewards are income when credited, and mining rigs can fall in CCA class 50. No links.2 min read
• Crypto on a Foreign Exchange: Canada's T1135 Question
  CRA's T1135 Q&A: the $100,000 threshold is cost amount, not market value. It never mentions crypto, so the exchange question is open. No links.3 min read
• GST/HST on Crypto in Canada: What the CRA Says
  CRA: selling a virtual payment instrument such as bitcoin is generally exempt; other crypto sales may be taxable. Accepting crypto; mining.3 min read
• Crypto Asset Types in Canada: The CRA's Categories
  CRA lists payment, utility, security, NFT and stablecoin tokens and the events that need a value for tax. What it does not say about identical property.2 min read
• Crypto ACB: The CRA's Average-Cost Method
  For identical properties the CRA says to average cost at each purchase; sales do not change it. A CRA tip calls crypto's ACB a weighted average.5 min read
• Valuing Crypto in CAD: CRA Method and Bank of Canada Rates
  CRA: use a reasonable, consistent method for fair market value in CAD and keep your records. Bank of Canada rates cover currencies, not crypto prices.5 min read
• Claimed a Loss You Shouldn't Have? Changing Your Return
  CRA: wait for your notice of assessment, then use Change my return (10 previous calendar years) or Form T1-ADJ. How it applies if a loss was superficial.5 min read
• Superficial Loss Exceptions in Section 54
  Section 54 excludes some dispositions from the superficial loss rule: deemed dispositions, option expiry, some status changes. What the list says.4 min read