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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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Global IT Systems Recover After Major Outage Caused by Faulty Software Update

   

                                          

Businesses and services worldwide are gradually returning to normal after a massive IT outage caused by a faulty software update from cybersecurity firm CrowdStrike. The update, which was not the result of a cyberattack, led to widespread disruptions across various sectors, including airlines, banks, healthcare, and media.

The issue began when a defect in a content update for CrowdStrike’s Falcon Sensor software caused Windows computers to crash, displaying the infamous “blue screen of death.” This malfunction affected numerous organizations globally, grounding flights, disrupting banking services, and causing delays in healthcare and other critical services.

CrowdStrike’s CEO, George Kurtz, apologized for the disruption and assured that a fix had been deployed. However, the recovery process is expected to take some time as businesses work through backlogs and other issues caused by the outage.

The incident has highlighted the vulnerabilities in the world’s interconnected technologies and the need for better contingency plans to prevent such widespread disruptions in the future.


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