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Owing significant income unpaid tax debt to the Canada Revenue Agency (CRA) can be very stressful. However, you are not alone. It is the largest type of debt that most Canadians have. In fact, many people you meet every day have some form of tax debt. It’s a very common situation, especially with small business owners and individuals to owe tax debt on personal income, GST/HST returns, benefit overpayments, defaulted Canada student loans, EI overpayments and penalties, and CPP overpayments.