🇨🇦 In Canada, cryptocurrency income is considered either capital gain or business income. 💰 50% of capital profits from investments in cryptocurrency are taxable. For example, if you bought Bitcoin for $10,000 and sold it for $15,000, taxes would only apply to $2,500 of your profit. 💼 100% of business income from cryptocurrency is taxable. The more actively you trade cryptocurrency and the higher your profits, the more likely it is that your cryptocurrency profits will be considered business income rather than capital gain. 📊