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LATE-FILING PENALTY

If you owe taxes, and do not file your return on time, CRA will charge a late-filing penalty.

The penalty is 5% of your balance owing, plus 1% of your balance owing for each full month that your return is late, to a maximum of 12 months. The penalties DOUBLE if you file late and owe twice in a 3 year time frame.
Contact Canada Revenue Agency