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Rental Property Expenses Canadians Forget to Claim (2026 Guide)

  Published: April 2026 | Reading time: 9 min | Category: Real Estate, Tax Savings, Personal Finance Owning a rental property in Canada comes with a surprisingly generous set of tax deductions — but most landlords only claim the obvious ones. Mortgage interest, property taxes, insurance. Done. What they miss is often worth thousands of dollars in additional deductions every single year. If you own a rental property in Ontario (or anywhere in Canada), this guide walks through every legitimate expense category the CRA allows — including the ones your accountant may not have mentioned. Why This Matters More Than You Think Rental income in Canada is taxed as regular income — meaning at your full marginal rate. At Ontario's combined federal and provincial rates, landlords earning $100,000–$150,000 total income are paying 43% on every dollar of net rental profit. Every $1,000 in legitimate deductions you miss costs you approximately $430 in real taxes . A landlord who forget...
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Iran's Supreme Leader Warns Israel of Harsh Consequences

 

In a recent statement, Iran's Supreme Leader Ayatollah Ali Khamenei warned Israel of severe repercussions. Khamenei declared that Israel's actions had laid the foundation for what he described as "harsh punishment for itself." This strong rhetoric comes amid heightened tensions between Iran and Israel, particularly concerning regional security and the ongoing conflict in the Middle East.

Khamenei's remarks reflect Iran's longstanding opposition to Israel and its policies. The Supreme Leader's statement underscores the volatile nature of the relationship between the two nations, which has seen numerous escalations over the years. The context of this latest warning is critical as both countries continue to influence the geopolitical landscape of the region.

The international community is closely monitoring these developments, with many concerned about the potential for further escalation. Diplomatic efforts to ease tensions have been ongoing, but statements like Khamenei's highlight the persistent challenges to achieving lasting peace and stability in the Middle East.


As the situation unfolds, the world watches with apprehension, aware that the actions and responses of these two nations could have far-reaching implications for regional and global security.

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