In the Province of Quebec, no matter how many Crypto you own, no matter how long, although a small amount isn't something they will bother with too much... If your crypto gains, it is considered as a, what's it, similar to salary thought not quite your salary, and you can be taxed on it. There is a way to bypass this, if you put money in your RRSP, which sucks, but in Quebec, if you put money in your RRSP, it is removed from your income and assets, therefore Frank is going to put the amount he would have been charged into his RRSP. They will take that instead of taxing him that very same amount.

I'm not sure if it's the same in the rest of Canada.