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

Record-Breaking February: S&P 500 and Nasdaq Reach New Heights

 


Investors witnessed an impressive rally in the stock market during February, with both the S&P 500 and Nasdaq Composite achieving remarkable milestones. Let’s delve into the details of this historic month.

S&P 500: A Stellar Performance

The S&P 500 soared to new heights, closing at 5,095.88, marking an all-time high. This gain of 0.5% on the day capped off the best February for the index since 2015. The positive momentum was fueled by several factors, including a crucial inflation reading and reassuring economic indicators.

Nasdaq Composite: Breaking Records

The Nasdaq Composite stole the spotlight, closing at 16,091.92, its highest close on record. This achievement was particularly significant as it marked the first record close for the Nasdaq since November 2021. The tech-heavy index surged 0.9% on Thursday, reflecting the robust performance of technology companies.

Inflation and Market Sentiment

The closely watched Personal Consumption Expenditures (PCE) index grew 2.4% year-over-year in January, slightly lower than the previous month’s 2.6%. The “core” PCE, the measure often emphasized by Fed Chair Jerome Powell, came in at 2.8%, down from 2.9% in the prior month. Policymakers continue to monitor inflation closely, emphasizing the need for signs of easing price pressures before committing to rate cuts.

Bitcoin’s Resilience

Meanwhile, bitcoin (BTC-USD) maintained its position above $62,000, coming close to its all-time high of $64,000. The leading digital currency’s recent rally has been unprecedented, reminiscent of the pre-“crypto winter” surge in 2022.

Earnings Outlook

As we wrap up the fourth quarter, the S&P 500 is projected to achieve 4% earnings growth compared to the same period last year. Notably, the outlook for earnings growth in the current quarter remains positive, defying the usual downward revisions seen during this time.

In summary, February 2024 will be remembered as a month of remarkable achievements in the stock market. Investors remain cautiously optimistic, closely monitoring economic indicators and inflation trends. As we move forward, the resilience of both the S&P 500 and Nasdaq Composite provides hope for continued growth.


Labels:

Comments

Post a Comment