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Canadian Balloon Pilot License you are interested in ballooning and have not already done so, we recommend you book a flight with us and experience the adventure of Walking the Winds first hand. Sun

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What is canadian balloon?

Canadian balloon is a reporting form used by Canada Revenue Agency to track foreign assets and income of Canadian residents.

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Canadian residents who have foreign assets or income exceeding certain thresholds are required to file Canadian balloon.

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The purpose of Canadian balloon is to prevent tax evasion by ensuring that Canadian residents accurately report their foreign assets and income.

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Canadian residents must report details of their foreign bank accounts, investments, real estate, and other assets, as well as income earned from these foreign sources.

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