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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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Escalation in Gaza: Israeli Strikes Kill 40, Tanks Advance in the North

 

The conflict in Gaza has intensified as Israeli military strikes have killed at least 40 Palestinians across the Gaza Strip. The Israeli forces have tightened their grip around Jabalia in the north, engaging in fierce battles with Hamas-led fighters.

The escalation comes amid a broader offensive that has seen Israeli tanks advancing into northern Gaza, including the towns of Beit Lahiya and Beit Hanoun. The Israeli military’s stated aim is to eliminate Hamas fighters regrouping in these areas.

Palestinian health officials reported multiple casualties from Israeli airstrikes, including 11 people near Al-Falouja in Jabalia and 10 others in Bani Suhaila in eastern Khan Younis. Additional strikes destroyed homes in Gaza City and the Nuseirat camp, resulting in further loss of life.

The United Nations has expressed concern over the humanitarian impact, noting that the Israeli military appears to be cutting off northern Gaza from the rest of the enclave. This has raised fears of a potential forced displacement of residents, a claim Israel denies.

As the conflict continues, the international community watches closely, urging both sides to prioritize the safety and well-being of civilians caught in the crossfire.


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