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. , u! `# G/ Z5 ^. p5 V/ ^/ O& x5 | g : R( @' K) l/ L5 [( ~) J$ N$ D5 W- Q) bHowever, 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.