After all, that is a good step from that city, so they approve bitcoin as the payment option. They will help the adoption of bitcoin, and soon, all city in Canada will do the same, and if another country does the same thing, then the mass adoption will be happening. I think we need more good news like that so people from another country will know about bitcoin and they can use it too.

Well, it's good that one can pay income tax in Bitcoin, but the fact that btc is immediately converted into Canadian dollars means that the government does not really trust it and essentially makes it as if those people actually payed their taxes in fiat. I don't know how it works in Canada, but it my country it would not be easy to pay those taxes even if there was a special app to convert btc to fiat while pyaing them rightaway. The thing is that one first needs to register as a private entrepreneur with certain functions, then one has to declare income for every quarter of the year, go in person to a special office, fill in special forms on activity, income and taxes and only then pay. Honestly, this is what makes me hesitate about registering, even though I get most of my income from online jobs (it's not much of money even for my country, to be fair, but if I could just declare the income, make a brief overview and pay online, I'd most likely do it). It's a nice step forward anyway, but if I'm not mistaken cryptos are really heavily taxed in Canada, unfortunately.

Not much for a piece of positive news for bitcoin growth worldwide. This news only applies for Canada and it's just a place in Canada. It's only for for Innisfil town. It is just small news and it can't affect the whole world just because the town approves paying its taxes.

A good start towards a bitcoin vision, I'm sure this is the beginning of a change where in the future bitcoin will become the king of money markets.
Hold it now, and wait for next year

With this it's correct to say Canada has accepted the use of bitcoin. Canada is one of the world top economies and them recognising bitcoin as a medium of payment of tax this would really boost bitcoin forward

This is a great news for bitcoin and this is one of the adoptions that can help to activate other adoption and trigger bull run. This means a lot for bitcoin and cryptocurrency at large. I hope the acceptance is throughout Canada and also  it’s likely  going to cause some positive spike in the market

Then there is nothing new with the news. It is just another companies trying to give a little benefits to crypto users. I think it is really possible because if not why there are still companies who actually hold coins and the government can't?

The simple answer still would be it is because they don't fully understood how it works and they are not taking risks. How could you possibly create a law that is beneficial  to the government if they don't understand it in the first place

I live close-by and I just saw this on the news today.

The town is actually very tech forward, so I'm happy to see this go through. They've been famously known for being one of the first small towns to implement Uber as a transit system, and I've spoken to many people from the town (including municipal government employees) and they believe it's one of the best things the town has done.

the most important news is always when we see actual adoption or we see anything that helps that actual adoption. for example this would have been great if the Canadian government has accepted bitcoin as a legal way of payment (as a currency) instead of just allowing it to be used to pay taxes in a small town.
i remember there was some "talk" of the same category in US which has not yet happened.
by the way your title is weird since it says "pay 'bitcoin' with bitcoin"