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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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Tragedy on the Field: Israel Vows Retaliation Against Hezbollah After Deadly Rocket Attack

 

In a tragic turn of events, Israel has vowed to strike hard against Hezbollah after a rocket attack killed 12 children and teenagers on a football field in the Israeli-occupied Golan Heights. The attack, which occurred on Saturday evening in the Druze village of Majdal Shams, has been described as the deadliest in the region since the conflict with Hamas escalated last October.

Israeli Prime Minister Benjamin Netanyahu, who cut short his visit to the United States, is expected to convene his security cabinet to discuss the nation’s response. “We will hit the enemy hard,” stated Defense Minister Yoav Gallant during his visit to the site of the attack.

Hezbollah, while admitting to firing rockets at Israeli military sites, has denied any involvement in the attack on the football field. However, Israeli authorities have placed the blame squarely on the Iran-backed group, citing forensic evidence that the rocket was an Iranian-made Falaq-1.

The United States has condemned the attack, reaffirming its support for Israel’s security and urging efforts to de-escalate the conflict. Meanwhile, families in Majdal Shams are mourning the loss of their loved ones, with funeral ceremonies held amidst calls for justice and peace.

This incident threatens to further escalate tensions in the region, with both sides urged to exercise maximum restraint to avoid a wider conflict.


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