Insights · Analysis in preparation
Can CRA See Your Bank Account? What Auditors Can Actually Demand
This analysis is being written to the standard the rest of this site holds to — dated, cited to primary sources, and revised when the law or CRA practice changes. It is not yet published.
What this analysis will cover
CRA does not watch bank accounts in real time — but in a tax audit it can require banking records from the taxpayer and, with the right process, from the bank directly, and it reads deposits against reported income. This piece explains what CRA auditors can demand, what deposit analysis infers, and why unexplained deposits become assessed income.
In the meantime
The mandate this analysis supports
The question this piece addresses is already live in practice. The advisory page below sets out how it is handled today; a private consultation is the direct route for a specific matter.
This article reflects tax law and CRA administrative practice as of its publication date. It is general information, not tax, accounting, or legal advice, and reading it does not create a professional-client relationship. Figures, deadlines, and administrative positions change — obtain advice on your own facts before acting.