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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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Auckland Lights Up the Sky: Welcoming 2025 with Spectacular Fireworks and Light Show

 

As the clock struck midnight on December 31, 2024, Auckland became the first major city to welcome 2025 with a breathtaking display of fireworks and a vibrant light show. Thousands of revelers gathered in the downtown area and atop the city's iconic volcanic peaks to witness the dazzling spectacle.

The fireworks, launched from the towering Sky Tower, painted the night sky with vibrant colors, while the light show paid tribute to Auckland's Indigenous tribes. This celebration follows a year marked by significant protests over Māori rights in New Zealand.

Auckland's early celebration, 18 hours ahead of New York's Times Square ball drop, set the stage for a global wave of New Year's festivities. In Australia, over a million people are expected at Sydney Harbor for their traditional fireworks, while other cities around the world are gearing up to ring in the new year with their unique cultural celebrations.

As the world continues to embrace 2025, Auckland's spectacular start serves as a reminder of the beauty and unity that can be found in global celebrations.



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