Metrics Chartered Professional Accounting

We're proud to be back as a silver sponsor at @Futurist_conf 2026 See you at the cabana! 🙌

Our newly added speakers are here 🚀 This July 21–22 in Toronto, hear from the leaders shaping the future of Web3 and AI at @Futurist_conf 🚀 ▪️ @IOHK_Charles of @IOGroup ▪️ @AdaVaughan of @StellarOrg ▪️ @_michaelsanders of @0xPolygon ▪️ @StaciW_DC of @AlgoFoundation ▪️ Wayne Chen of @EukaPay ▪️ Regan McGrath, CPA CA of @MetricsCPA ▪️ Luther M. of Stablecoin Partners ▪️ @christiansauer of @soonami_io ▪️ Landon Gardner of @Web3To More announcements coming soon! 🔮 See you in the future: futuristconference.com

@web3canada We’re looking forward to collaborating, and helping to shape the future of digital finance in Canada!

We’re pleased to welcome @MetricsCPA as the newest member of the Canadian Web3 Council! Metrics is a BC-based accounting firm specializing in cryptocurrency tax, accounting, and financial strategy. Since 2016, they’ve been supporting Canadian clients with digital asset reporting, tax planning, and compliance across exchanges, DeFi protocols, mining, lending, and staking. With deep, hands-on experience in blockchain and digital assets, Metrics works closely with founders, operators, and investors to navigate the practical accounting and tax considerations of digital asset activity. Welcome to the Council, Metrics 🙌

We’re pleased to announce @MetricsCPA is the newest member of the Canadian Web3 Council! @web3canada is at the forefront of advocating for a modernized financial system that responsibly integrates Web3 technologies. Find out more at web3canada.ca

If you use TokenTax for filings, we'll actually get it right in Canada, and will be able to back up our work to the CRA in case of an audit.

Google reviews are such a pain when someone can pay people overseas to attack your account. The reviews are clearly fake, from accounts with no other reviews. Google won't do a thing about it.

@0xcryptotax Canada is ahead of the curve on a number of things, that being one of them

@MetricsCPA We MAY get Mark to Market with this senate crypto provision to the BBB.

@big_duca Hire through word of mouth, grow our own team from the bottom, teach our people internally, and hire when we need an extra 0.5 person in an area and take the hit for the short term.

@MetricsCPA How do you scale the load? Given it’s hard to hire in US (and expensive)

The accounting market is weird. People pay high prices to “licensed” people for accounting. But then all the actual work is outsourced overseas. But prices stay high. Even tho the labor cost is significantly reduced.

@j_p1zzle @CryptoTaxSucks The same rules don't apply to Canada. The CRA has proven that any ticker trade to a different ticker is a taxable transaction. Staking income is also taxable at the time of receipt. There are benefits of Canada, and detriments of Canada. This is one of the latter.

@CryptoTaxSucks Any idea how applicable this is for Canada? Or do we have to wait till we're the 51st state? 😅

A nuke has been dropped on the IRS head. And Jito Foundation launched it! If you've traded LSTs or earned staking rewards, you need to read this 🧵

Think the CRA isn't watching? We're dealing with more audits of crypto assets than we can count on our fingers! They're watching

@big_duca @0xcryptotax We don't. The CRA is a different beast than the IRS. We don't have guidance that any ticker difference is or isn't taxable so if the ticket is different we treat it as taxable, and have the discussion with the client about the position. We then let them make the decision.

@0xcryptotax Don’t you typically advise people who do ETH to stETH for example that it’s not taxable tho? Feels reasonable.

The article doesn’t address swapping, only native minting and redeeming using the protocol. Simply buying jsol on raydium is not technically the same and very well could be taxable, much the same as LSTs. There is no case law nor precedent, just he said she said from both the IRS and tax attorneys. A revenue agent is not going to care if you point to this post nor article in an examination. You still need to document your rationale.

As a trusted accounting partner in the web3 industry, Metrics is proud to be an official sponsor of the Blockchain Futurist Conference on May 13 in Toronto. General Admission tickets are FREE from futuristconference.com, or use the code GETMETRICS25 for 25% off VIP tickets.

@MetricsCPA is proud to support the @BlockchaiNorth Voices for Canadian Crypto campaign, a timely and important initiative to help shape Canada’s digital future. Here are a few words from Raj Allen CPA. Support Crypto. Support Canada. #VoicesForCrypto

The March 3rd RRSP contribution deadline is just around the corner. We recommend making your final 2024 RRSP contributions before the end the business day (Friday, February 28th) to allow time for your funds to settle in the account.

@0xcryptotax You'll have to pry it from our cold, frostbitten hands!

I'm quite excited to avenge our defeat on the Canadian front in 1812. Eth will be ours

Interesting piece of information - We have had more clients leaving canada in the last 6 months than we have ever had before. I wonder why?

If you're reading this, its a reminder to go download all the history from any Centralized Exchanges you've used.