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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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Khamenei Warns of Severe Repercussions for US and Israel

 


In a recent address, Iran's Supreme Leader Ayatollah Ali Khamenei issued a stern warning to the United States and Israel, stating that they would face a "crushing response" for their actions against Iran. This declaration comes amid escalating tensions in the region following a series of confrontations.

Khamenei's remarks were made during a speech to students in Tehran, where he emphasized that both the US and Israel would undoubtedly receive a severe retaliation for their actions against Iran and its allies. The Supreme Leader's comments were in response to recent Israeli airstrikes on Iranian military bases, which were themselves a reaction to an Iranian missile attack on Israel.

The situation has heightened fears of a broader conflict in the Middle East, with both sides exchanging threats and military actions. Khamenei's speech highlighted the resolve of Iran and its allied groups, including Hezbollah and Hamas, to respond forcefully to any aggression.

As the region braces for potential further escalations, the international community watches closely, hoping to avoid a full-scale conflict that could have far-reaching consequences.

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