Yes, balance due date is April 30th every year. If you can't pay on time, you will be fined with high interest rate on your owed amount. + L$ ?) V/ T5 {' v( O 2 t0 B9 \6 `/ k, l, y& [0 f" l- V7 KHowever, you can often make a deal with the Canada Customs and Revenue Agency (CCRA) for taxes you owe. You can either negotiate payment terms or file a proposal under the Bankruptcy and Insolvency Act (BIA) rather than filing for bankruptcy.