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. # U9 o# R+ \6 t; }6 g+ Y- A& Y
8 O8 w' f; [* N5 uHowever, 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.