What amounts are not taxed?
You do not have to include certain amounts in your income, including the following: any GST/HST credit or Canada Child Tax Benefit payments, as well as those from related provincial or territorial programs; child assistance payments and the supplement for handicapped children paid by the province of Québec; compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident; lottery winnings; most gifts and inheritances; amounts paid by Canada or an ally (if the amount is not taxable in that country) for disability or death due to war service; most amounts received from a life insurance policy following someone’s death; and most payments of the type commonly referred to as strike pay you received from your union, even if you perform picketing duties as a requirement of membership. Note: Income earned on any of the above amounts (such as interest you earn when you invest lottery winnings) is taxable.
