You do not have to declare certain non-taxable amounts as income which include in particular:
- most lottery winnings;
- most gifts and inheritance goods;
- amounts received from Canada or an allied country (if such amounts are not taxable in that country) due to disability or death of a veteran resulting from his participation in the war;
- the GST / HST credit and Canada Child Benefit (CCB) payments, including related provincial or territorial payments;
- the payment of Family Allowance and the supplement for handicapped children paid by the province of Quebec;
- compensation received from a province or territory to compensate victims of crime or automobile accidents;
- most amounts received from a life insurance policy following death;
- most types of strike pay you receive from your union, even if you have to picket as a union member;
Note
Income from the above amounts (such as interest on lottery winnings you invest) is taxable.
- most amounts received from a Tax-Free Savings Account (TFSA).
SOURCE: CRA