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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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Israel Claims Ceasefire Violation, Fires on Southern Lebanon

 

Just hours after a ceasefire between Israel and Hezbollah took effect, Israel has accused Hezbollah of violating the truce and responded with tank fire on six areas in southern Lebanon. The ceasefire, brokered by the United States and France, was intended to halt over a year of hostilities and allow displaced residents to return to their homes.

The Israeli military reported that several suspects, some in vehicles, were identified in the southern zone, breaching the conditions of the ceasefire. In response, Israeli tanks fired on the areas of Markaba, Wazzani, Kfarchouba, Khiyam, Taybe, and the agricultural plains around Marjayoun. Two people were reportedly injured in Markaba.

Hezbollah lawmaker Hassan Fadlallah accused Israel of attacking civilians returning to their villages. The situation remains tense as both sides monitor the ceasefire's implementation, with Israeli forces still stationed in southern Lebanon and surveillance drones flying over the area.



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