will my money get taxed ?

[LifeIsOverRated]

hello sir, If I go to Canada for work and bring with me 20,000 dollar and deposit them in a bank account.
will they get taxed? this amount is for buying a car and some living expenses.

 

[PMM]

Hi

hello sir, If I go to Canada for work and bring with me 20,000 dollar and deposit them in a bank account.
will they get taxed? this amount is for buying a car and some living expenses.

No, it won't be taxed. Note though if you carry it with you, it must be declared on entry to Canada.

 

[rock_khan]

@LifeisoverRated : if u r immigrating to Canada then your money won't be taxed !