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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 Intensifies Strikes across Gaza, Orders New Evacuations in North

 


Israeli strikes have intensified across Gaza on Tuesday, with some of the heaviest shelling in weeks, according to residents. The army has ordered fresh evacuations in the north of the strip, warning civilians that they are in a “dangerous combat zone” . The situation remains tense as air strikes and shelling continue in central and southern areas. Here are the key points:

  1. Intensified Attacks: Israeli forces have escalated their attacks, using both air strikes and tank shelling. Residents report almost non-stop bombardments in various areas of Gaza.

  2. Evacuation Orders: The Israeli army has urged residents in four zones near Beit Lahiya (on Gaza’s northern edge) to move to designated shelter areas. The military emphasizes its intention to act with “extreme force against terrorist infrastructure and subversive elements” in the region.

  3. Failed Ceasefire Efforts: Despite previous announcements of troop withdrawal from certain areas, efforts to reach a ceasefire have failed. Displaced Gazans find it challenging to return to their abandoned homes due to ongoing Israeli bombardments.

  4. Hamas’s Response: The armed wing of Islamic Jihad, allied with Hamas, claims responsibility for rocket attacks on two southern Israeli border towns. The conflict has displaced nearly all of Gaza’s 2.3 million people, and Hamas remains steadfast in its demands for a permanent end to the war and the return of displaced individuals to the north.

  5. Ongoing Conflict: The situation remains volatile, with thick black smoke rising in northern Gaza. Shelling continues in various areas, affecting schools and causing panic among displaced residents.

As the conflict persists, the region faces immense challenges in achieving peace and stability.

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