Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Budget Grocery Shopping Tips to Save Money



 Here are some time-saving grocery tips that you might find useful:

1. Use a master grocery list: A master grocery list is a reusable list of all the items you regularly buy. You reference it every time you make your shopping list, to make sure you don’t forget anything. It’s also a huge time-saver! Just grab your master grocery list and check your fridge, pantry, and freezer to see what you need to buy.

2. Try Eat at Home Meals: If you’re looking for a more done-for-you solution (and wish someone else planned your meals), check out Eat at Home Meals! They provide monthly menus AND the coordinating shopping lists. You can choose meals from 4 different styles – Traditional, Wholesome, Slow Cooker/Instant Pot, and No Flour/No Sugar. 

3. Create an official grocery list: Plan out weekly meals and snacks, then create a grocery list based on your menu. Sticking to your grocery list will save you time aimlessly wandering around the store.

4. Avoid grocery shopping after work: If possible, avoid grocery shopping after work. Quitting time is when most people do their shopping, so stores are often crowded during this time.

5. Buy in bulk: Buying in bulk can save you both time and money in the long run.

6. Check the unit price: When buying groceries, always check the unit price to ensure that you’re getting the best deal.

7. Do not shop hungry: Shopping while hungry can lead to impulse buying and overspending.

8. Pre-cook or marinate meat: If you buy large packages of meat, pre-cook or marinate it and then freeze it to speed up meal times.

9. Wash and/or cut up fruit and vegetables once a week: Spend some time once a week washing and/or cutting up fruit and vegetables so that they’re ready to eat when you need them.




Labels:

Comments

Post a Comment