Amounts That Are Not Taxed- In Canada

In Canada, depending on the source of the amount you receive, you may not need to report as taxable income. Some of the non-taxable sources of amounts are:

• Lottery winnings
• Gifts
• Inheritances
• Amounts paid by Canada or an allied country for disability or death of a war veteran due to war service, if the amount is not taxable in that country.
• GST/HST credit
• Canada Child Benefit (CCB) payments.
• The compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident
• Amounts received from a life insurance policy following someone's death.
• Strike pay you received from your union, even if you perform picketing duties as a requirement of membership
• Amounts received from a Tax-Free Saving Accounts (TFSA)
• Child support payment (court orders and written agreements made after April 1997)