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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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TSX Futures Subdued as Commodity Prices Weigh on Investor Optimism


In the premarket trading, futures for Canada’s main stock index remained subdued due to a decline in commodity prices. Despite optimism following the index nearing a record high in the previous session, lower commodity prices have tempered expectations. Let’s dive into the details.

The S&P/TSX composite index on the Toronto Stock Exchange had recently reached its highest level in four weeks. This rally was triggered by the U.S. Federal Reserve’s decision to leave its key interest rate unchanged at its last meeting, coupled with indications that the next move would likely be a rate cut.

However, commodities took a hit. Both precious and base metals saw price declines, partly due to a stronger U.S. dollar, which made commodities relatively more expensive. Oil prices also fell, driven by industry data showing an accumulation of crude and fuel inventories in the U.S. Additionally, cautious supply expectations ahead of an OPEC+ policy meeting contributed to the decline in oil prices.

Investors are closely monitoring employment data for April in Canada and weekly jobless claims in the U.S. for further insights. Meanwhile, Suncor Energy, the second-largest oil producer in Canada, beat first-quarter profit estimates, supported by robust demand for refined products and record oil sands production.

In summary, while optimism persists, the drag from sliding commodity prices is keeping TSX futures in check. Investors are navigating this delicate balance as they await economic data and corporate earnings reports.


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