If you’re dealing with unpaid taxes, the possibility of the Canada Revenue Agency (CRA) freezing your bank account can be a major concern. Unfortunately, this is a step the CRA can take to enforce tax collection. It’s a severe measure, but understanding how and why it happens—and what you can do about it—can make all the difference.
In this article, we’ll cover the legal basis for account freezes, what triggers them, their impact, and actionable steps you can take to regain control of your finances.