I have helped hundreds of people successfully navigate from the US to Canada. If you're thinking of moving or retiring to Canada contact me today to chat about your plans.
I can be reached via email at firstname.lastname@example.org, by phone at 250-661-9417 or through my contact page here.
I look forward to speaking to you soon.
Phil Hogan, CPA, CA, CPA (CO)
Cross-Border Tax and Investment Specialist
Your Canadian tax return is due April 30th unless you or your spouse or common-law partner carry on a business in which case you have until June 15th. Note however that any tax balance owing still needs to be paid by April 30th to avoid interest charges.
If you fail to file your Canadian Income Tax return (T1) the Canada Revenue Agency will impose a 5% penalty on any outstanding balance owing in addition to a 1% charge per month on any remaining balance.
Also note that CRA will charge interest on any outstanding tax balance at the prescribed rate for the period. Currently the prescribed rate for overdue taxes is 5%.
For CRA prescribed rates visit the following page: