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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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Missile Barrage Strikes Northern Israel: Emergency Services Respond to Escalating Tensions

 

Israeli emergency services reported dealing with a string of fires in northern Israel on Friday after dozens of missiles were fired from southern Lebanon into the area around the border town of Kiryat Shemona. The military confirmed that warning sirens had sounded in northern Israel, and emergency services teams were dispatched to search the affected area. Fortunately, there were no casualties reported, but property damage occurred.

Television footage showed damaged buildings, cars, and brush fires caused by strikes or falling debris amid heatwave conditions. The Israeli military has been engaged in regular exchanges of fire with Hezbollah forces across the border in southern Lebanon since the start of the war in Gaza last October. While neither side appears to desire a wider conflict, the escalating strikes raise concerns about the situation spiraling out of control.

The latest salvo followed an Israeli strike that killed a senior commander from the Iranian-backed Hezbollah militia in southern Lebanon earlier this week. Tens of thousands of residents have been evacuated from their homes on both sides of the border, putting pressure on diplomatic efforts to resolve the stand-off.

On Friday, the Israeli Air Force intercepted 11 out of 16 drones launched by Hezbollah against Israel in the past 72 hours. The situation remains tense, with the risk of further escalation in a region that has already witnessed direct exchanges between Israel and Iran.


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