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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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Daylight Saving Time: Spring Forward and Lose an Hour of Sleep

 

Did you remember to set your clocks ahead an hour before going to bed last night? The seasonal tradition of “springing forward” meant most people in Canada moved their clocks an hour forward, switching to daylight time. The change happens for much of the country at 2 a.m. local time. Yukon and most of Saskatchewan keep their clocks the same year-round.

Michael Antle, a University of Calgary psychology professor, says the impacts of the time change will be felt for a while. But, he says, people can go to bed a little earlier and give themselves extra time in the morning to help combat sleepiness.

So, as we embrace the longer daylight hours, let’s adjust our internal clocks and make the most of the brighter evenings! 

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