Canadian Mystery Shopping and taxes?

Sigh... I would need to find information about filing for income taxes in the Canadian system for next year if I take mystery shopping seriously and start to earn even a decent amount of money....I heard that for this type of enterprise, it is taxable if it is over $500 a year, otherwise if it´s less than that it is not worth declaring.. is that true?

Thanks!

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Sorry, don't know a thing about Canadian law and taxes. My guess is that there is a website run by your tax folks that is well indexed to help you find the appropriate rules for your business. An hour researching it could be an hour well spent.
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