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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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Israel Prepares for All Scenarios Amid Ceasefire Efforts

 


Israeli Defence Minister Yoav Gallant emphasized today that while Israel is not seeking to escalate the ongoing conflict, it is preparing for all possible scenarios. This statement comes as U.S. Secretary of State Antony Blinken continues to push for a ceasefire.

During a visit to air defense officers, Gallant praised the forces involved in a recent operation in Beirut, which targeted a Hezbollah commander responsible for a rocket attack that killed 12 children and teenagers in the Golan Heights. “The performance last night in Beirut was focused, high quality, and contained,” Gallant stated. He reiterated that Israel’s primary goal is to avoid further conflict but stressed the importance of being prepared for any developments.

Blinken, on his part, has been advocating for a ceasefire, hoping it will lead to a reduction in tensions not only in Gaza but also in Lebanon. The international community watches closely as both sides navigate this delicate situation, with hopes for a peaceful resolution remaining high.


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