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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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Eastern Bangladesh Struggles Amid Deadly Flooding

 

Floodwaters Devastate Eastern Region Millions of people in eastern Bangladesh are grappling with severe flooding caused by heavy monsoon rains. The situation has led to evacuations, deaths, and widespread displacement.

Stranded and Cut Off The worst-hit districts, including Cumilla, Feni, and Noakhali, have seen power outages and severed road links. Many residents are stranded near their homes, which are inundated with floodwater. Travel and communication between the capital, Dhaka, and the southeastern port city of Chattogram have been disrupted due to waterlogged highways.

Rescue Efforts Underway Rescuers are working tirelessly to reach those in need, but the rising waters from upstream Tripura state have made their task challenging. Volunteers with boats and speedboats are struggling to communicate with affected people, as mobile networks are down in many areas. The military and other authorities have initiated rescue operations.

Blaming India Some in Bangladesh have blamed India for the flash floods, alleging that India opened a river dam in Tripura, causing sudden floods downstream. However, India’s Ministry of External Affairs denies this claim.

In summary, eastern Bangladesh faces a dire situation as floodwaters continue to wreak havoc. Evacuations, rescue efforts, and communication challenges persist, leaving communities in distress.

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