Upload your transaction CSV, pick your cost-basis method, and download a clean, Schedule 3-ready report using the Adjusted Cost Base (ACB) method Canada requires.
Most crypto tax tools are built for US rules. BasisNorth is built around the method Canadian individuals actually have to use.
Export your buys and sells from your exchange or wallet. We read a simple set of columns — timestamp, type, asset, quantity, and values in CAD or USD (we convert at Bank of Canada daily rates).
Get your ACB report (the CRA-mandated method for individuals), plus an optional FIFO/LIFO comparison so you can see how the numbers differ.
A clean, itemized capital gains report that maps to the figures you'd put on Schedule 3 of your T1 — with unmatched dispositions flagged, not hidden.
US-built tools quietly use methods the CRA doesn't allow for individuals. The details below are exactly where those tools get Canadian filers wrong.
A clean, itemized CSV — per asset, per year — with the exact figures Schedule 3 asks for. Here's a taste with sample data:
| Year | Asset | Schedule 3 Proceeds | Schedule 3 ACB | Schedule 3 Gain/Loss | FIFO G&L | LIFO G&L | Flags |
|---|---|---|---|---|---|---|---|
| 2024 | BTC | $39,100.00 | $27,180.00 | $11,920.00 | $12,700.00 | $10,540.00 | — |
| 2024 | ETH | $4,800.00 | $4,100.00 | $700.00 | $700.00 | $700.00 | — |
| 2024 | SOL | $2,150.00 | $2,600.00 | −$450.00 | −$450.00 | −$450.00 | Superficial loss |
| 2024 | TOTAL | $46,050.00 | $33,880.00 | $12,170.00 | $12,950.00 | $10,790.00 | — |
Sample data for illustration. Unmatched sells are flagged loudly — never silently zeroed. Every report carries the "calculation tool, not tax advice" disclaimer.
Crypto transaction history is sensitive financial data. Most tax tools sync your exchanges, store your history, and keep it indefinitely. BasisNorth is built the opposite way:
Short answers — the details live in the report itself.
Pay once, get your report. No subscription, no lock-in.
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