Will I be taxed on money I want to bring into Canada, over $10,000? ?


there no tax on currency. have report it, means if cross border complete form , on way. if send wire bank automatically completes document. currency reporting form faxed fintrac , entered databases.

if caught smuggling currency canada money can seized under proceeds of crime , money laundering , terrorist financing act.

declare it, 5 minutes of paperwork , on way.

please, help. can't figure out various canadian gov websites, whether canadian citizen can bring on $10,000 in cash , if so, taxed on amount , how much?
thank you!!!


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