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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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Walmart Opposes Adding Panic Buttons to Stores

 

Retail giant Walmart has taken a firm stance against implementing panic buttons in its stores. The New York State Senate recently passed legislation requiring major retail chains, including Walmart, to install panic buttons in easily accessible locations or provide wearable/mobile-phone-activated panic buttons for staff. However, Walmart’s top corporate affairs officer, Dan Bartlett, expressed concerns about false alarms triggered by panic buttons. He emphasized that most incidents turn out to be non-emergencies.

Walmart operates 4,700 stores nationwide, including 98 in New York state. The legislation now awaits New York Governor Kathy Hochul’s decision. If she takes no action within 10 days, the Retail Worker Safety Act will automatically become state law. The bill also mandates violence prevention and safety training for retailers with 10 or more employees.

While Walmart’s workforce is not unionized, the Retail, Wholesale and Department Store Union (RWDSU) has advocated for the bill to become law in New York. At Walmart’s recent annual meeting, some employee shareholders proposed an independent review of workplace safety policies, but the proposal was defeated.

In summary, Walmart’s opposition to panic buttons reflects concerns about practicality and false alarms, even as the debate continues over ensuring safety for retail workers.


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