In general, any amount that is earned, whatever its source, constitutes income.
These amounts must be reported in Canadian dollars. To convert the amounts, use the exchange rate in effect at the time you earned them. You may use the average exchange rate for the year if the amounts were received over the entire year. For information on the exchange rate, consult the website of the Bank of Canada.
Do not include the following amounts in your income:
For information on retroactive payments or support-payment arrears, transfers of property or the split income of a child, consult the guide to the income tax return (TP-1.G-V).