By Jason Heath, CFP on August 10, 2026 Estimated reading time: 3 minutes

CRA breach settlement claims have opened: How much money could you get?

By Jason Heath, CFP on August 10, 2026 Estimated reading time: 3 minutes

Many Canadians are entitled to compensation from a 2020 CRA class action settlement. Here is what you need to know.

On August 4, the Canada Revenue Agency (CRA) finally opened the claims period for its multi-million-dollar class-action settlement.

A 2020 data breach affecting CRA and Service Canada online accounts had resulted in a major class action, and a settlement of $8.76 million was reached, with payments of up to $5,000 available to some claimants.

Most Canadians will likely be looking at compensation of up to $80 or $200, with the larger payouts reserved for those who can document out-of-pocket losses related to fraud or identity theft.

The hack was the result of a credential-stuffing attack. This type of breach occurs when cybercriminals use usernames and passwords from other data breaches. It is a good reason to beware the risk of reusing passwords. 

Who is entitled to compensation from the CRA settlement?

According to the Notice of Settlement Approval:

“All persons whose personal or financial........

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