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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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Trudeau to Reshuffle Cabinet Amid Ministerial Departures

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Prime Minister Justin Trudeau is preparing for another cabinet shuffle following the announcement that four more federal ministers will not seek re-election. This move comes at a time when Trudeau’s leadership is facing increasing scrutiny.

The ministers stepping down include Filomena Tassi, who cited personal reasons for her decision. This reshuffle is expected to address the gaps left by these departures and ensure the government remains focused on its priorities.

The upcoming changes are part of Trudeau’s ongoing efforts to refresh his team and maintain stability within his administration as the next election approaches.


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