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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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8 Tips to Save Money and Time on Last Minute Holiday Shopping

 

Here are some tips to save money and time on last minute holiday shopping:

  1. Make a list: Before you start shopping, make a list of all the people you need to buy gifts for and set a budget for each person. This will help you stay organized and avoid overspending.

  2. Shop online: Shopping online can save you time and money. You can easily compare prices and find the best deals without leaving your home. Many retailers offer free shipping during the holiday season, so take advantage of this to save even more.

  3. Use coupons and promo codes: Before you make a purchase, search for coupons and promo codes online. You can often find discounts that will help you save money on your purchase.

  4. Buy in bulk: If you need to buy gifts for multiple people, consider buying in bulk. This can help you save money and time.

  5. Shop early: The earlier you start shopping, the more time you have to find the best deals. You can also avoid the crowds and stress of last minute shopping.

  6. Consider gift cards: If you’re not sure what to buy someone, consider giving them a gift card. This can save you time and ensure that the recipient gets something they’ll love.

  7. Compare prices: Before you make a purchase, compare prices at different retailers. You may be able to find the same item for a lower price somewhere else.

  8. Use credit card rewards: If you have a credit card that offers rewards, use it to make your holiday purchases. You can earn cash back or points that you can use for future purchases.

Hopefully these tips help you save money and time on your last minute holiday shopping! 

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