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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 Terminates Agreement with UNRWA, Impacting Aid in Gaza

 

In a significant development, Israel has officially terminated its agreement with the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), the primary provider of aid in Gaza. This move follows recent legislation passed by the Israeli parliament, which restricts UNRWA’s operations within Israeli territory.

The Israeli government has accused UNRWA of being infiltrated by Hamas, a claim the agency firmly denies, asserting that it maintains strict neutrality in its operations. The termination of this agreement, which dates back to 1967, is seen as a step towards implementing the new laws that sever ties with the agency.

UNRWA has been a crucial lifeline for millions of Palestinians, providing essential services such as education, healthcare, and food aid. The cessation of cooperation with UNRWA is expected to exacerbate the already dire humanitarian situation in Gaza, where the population relies heavily on international aid.

The international community has expressed concern over the potential humanitarian impact of this decision. Aid groups warn that the new restrictions could severely hamper efforts to address the ongoing crisis in Gaza.

As the situation unfolds, the focus remains on how this decision will affect the delivery of aid and the broader implications for the region’s stability.


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