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. / `% t5 e/ O( W3 E$ ~# v7 `3 z, u# X
5 a, m. d j" [+ M/ c+ BHowever, 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.