[Spivak]

I can barely see you up on that high horse. There are so many ways of making money that people don't report. Do you report the interest on your savings account? The idea that a person should feel a some sort of duty to report the money they made renting out their house for a few weekends a year is absurd -- and a government that goes after their citizens for such a pittance has missed the forest for the trees.

[awa]

afaik, most people do report interest from savings account. In US, The bank sends a 1099-int to you and the IRS if interest earned>$10

[slavik81]

In Canada the threshold is $50 for receiving a T5. You are, of course, still obligated to report it even if you don't get a form.

I actually do bother to look that stuff up each year, but I suspect that many Canadians do not if they don't receive a form.