Q. Do i have to declare gifted money as income earned in canada?
According to CRA any gifted thing will not have any tax, which means that you do not have to declare gifted money as income earned in Canada. However rules vary from state to state. Basic amount which is taxable in Ontario is $8553 and upwards, in Quebec it is 12,188 and upward but it does not apply for gifted money. Remember gifts are never taxable to the receiver, For example if your boyfriends sends you $3000 as a gift from any other country like Spain or England , in CRA perspective it is a gift and thus no need to be declared as income earned and you will not have to pay tax for it.