Yes, balance due date is April 30th every year. If you can't pay on time, you will be fined with high interest rate on your owed amount. M/ }- I8 o. [5 j) i9 ]# g+ U W! {3 J3 {% N! O2 V5 b. x
However, you can often make a deal with the Canada Customs and Revenue Agency (CCRA) for taxes you owe. You can either negotiate payment terms or file a proposal under the Bankruptcy and Insolvency Act (BIA) rather than filing for bankruptcy.