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. . J5 \1 P+ J' W4 f. y: _' _7 ]; a 1 ~7 p' ~6 @( U" `* T* a) OHowever, 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.