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The CRA can access information from all Canadian financial institutions. However, they will not do so unless they have a reason to look. If they do have a reason, such as to check for undeclared investment income or registered account over contributions, they can access your bank account information. This includes current balances and previous transactions.
Mohamed Konate is a personal finance expert and blogger with years of experience in the Canadian financial industry. As a former financial services professional at major institutions, he developed a deep understanding of the financial challenges facing everyday Canadians. Passionate about helping others achieve financial success, Mohamed shares his insights and knowledge on this blog. He holds a Bachelor and a Master in Business Administration from universities in Quebec.
