Canada Crypto Tax Calculator (2026)
Canada taxes 50% of your capital gain. Calculate your crypto tax with the CRA inclusion rate.
Capital Gains Details
Taxable amount (50%)
CAD $20,000
Inclusion rate
Tax owed
CAD $6,000
30% marginal rate
After-tax profit
CAD $34,000
After-tax profit
CAD $34,000
Effective rate: 15.0% of total gain
This calculator provides an estimate based on general 2026 CRA rules and is not tax advice. Consult a Canadian tax professional for your specific situation.
The CRA treats crypto as a commodity, not currency. Canada only taxes 50% of your capital gain — the other half is tax-free — then applies your normal federal and provincial income tax rates to that half.
Tax Rules
- •CRA classifies crypto as a commodity; disposals generally create capital gains, taxed at marginal rate.
- •50% inclusion rate: only half the gain is added to taxable income. (A proposed increase to 66.67% above $250,000 CAD was deferred and later canceled — 50% rate remains.)
- •No short-term/long-term distinction — 50% applies regardless of holding period.
- •If CRA deems activity "business income" (frequent trading), 100% of profit is taxable instead of 50%.
- •Capital losses can offset capital gains.
Worked Example
Capital gain CAD $40,000. Inclusion: 50% × $40,000 = $20,000 taxable. At 30% marginal rate: tax ≈ $6,000 (effectively 15% of the original gain).
Frequently Asked Questions
Does Canada have a long-term discount like the US?
No — the 50% inclusion rate applies regardless of holding period.
Is crypto-to-crypto trading taxable in Canada?
Yes — swapping is a disposal and triggers capital gains calculation.
Capital gains vs business income — what's the difference?
Investing-style activity = 50% taxable; active trading/business-like activity = 100% taxable, determined case-by-case.
Last updated: 2026-10-03
Disclaimer: This calculator provides an estimate based on general 2026 CRA rules and is not tax advice. Consult a Canadian tax professional for your specific situation.