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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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TikTok Goes Dark for US Users Amid National Security Concerns

 

TikTok, the viral social media platform, has officially gone dark for its 170 million American users. This unprecedented shutdown follows a law enacted by Congress, which mandates the app's ban unless its Chinese parent company, ByteDance, divests its shares. The app's sudden inaccessibility has left millions of users in the lurch, with a message stating, "Sorry, TikTok isn't available right now".

The shutdown comes just before President-elect Donald Trump's inauguration. Trump has indicated that he will work on a solution to reinstate TikTok once he takes office, potentially granting a 90-day extension to finalize an agreement. This intervention could provide a temporary reprieve for the app, which has been at the center of national security debates due to its Chinese ownership.

TikTok's fate now hangs in the balance, with users and creators eagerly awaiting further developments. The platform's shutdown marks a significant moment in the ongoing tension between the U.S. and China over data privacy and national security concerns.

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