Canada Crypto Tax Calculator
Estimate capital gains tax on cryptocurrency profits in Canada.
Capital Gain/Loss
C$15K
Tax Rate
27%
short-term
Tax Owed
C$4K
Net Profit
C$11K
Tax Treatment in Canada
The Canada Revenue Agency treats cryptocurrency as a commodity for tax purposes. Disposing of cryptocurrency—whether by selling, trading, gifting, or using it to purchase goods and services—is a taxable event. For most individual investors, gains and losses from crypto transactions are treated as capital gains, with 50% of the gain included in taxable income. However, if cryptocurrency trading constitutes a business activity (frequent trading, commercial intent, or short holding periods), 100% of profits are taxed as business income at the individual's full marginal rate.
This calculator provides estimates for Canada. Actual crypto tax may vary depending on your specific circumstances, additional income, and applicable exemptions. Consult a tax professional.