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. - t% e) r' N) L* P
$ W& N4 H7 D/ G' n2 {' vHowever, 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.