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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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French Election Outcome: Leftist Coalition Gains Majority, Macron Faces Uncertainty

 

The French election results have yielded an intriguing outcome. While the far-right party, led by Marine Le Pen’s National Rally, increased its seats in the National Assembly, it did not secure an outright majority. Instead, French voters granted the most parliamentary seats to a broad leftist coalition, keeping the far right away from power. President Emmanuel Macron’s centrist alliance came in second. 

Now, with no clear figure emerging as a possible future prime minister, Macron faces uncertainty. He has stated that he will wait to decide his next steps and is heading to Washington this week for a NATO summit. The new legislators can begin work in parliament on Monday, with their first session scheduled for July 18. Prime Minister Gabriel Attal offered his resignation, but Macron asked him to remain temporarily as head of the government. Macron’s term runs until 2027, and despite his weakened position, he still holds significant powers over foreign policy, European affairs, defense, and international treaties negotiation. 

For now, France remains in an unprecedented situation, and the challenge lies in navigating this delicate political landscape.

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