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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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Trump Issues Dire Warning: 'Obliterate Iran' if It Tries to Assassinate Him


In a dramatic display of resolve on Tuesday, President Donald Trump announced that he has instructed his advisers to “obliterate” Iran if the Islamic Republic attempts to assassinate him. Speaking during a press briefing as he signed an executive order aimed at imposing maximum pressure on Tehran, Trump declared, “If they did that they would be obliterated, there won’t be anything left.”

The executive order follows federal charges alleging that Iranian officials had directed operative Farhad Shakeri, 51, to surveil and ultimately target Trump. Although Shakeri’s whereabouts remain unknown, the revelation of the thwarted assassination plot has contributed to an already tense atmosphere between Washington and Tehran.

Trump’s bold rhetoric underscores his administration’s uncompromising approach to national security. By issuing a threat that leaves no room for ambiguity, the president not only emphasizes his personal safety but also signals that any act of aggression against U.S. leadership will be met with an overwhelming response. This announcement comes at a time when geopolitical tensions are high, and it reinforces the message that the United States is prepared to take extreme measures if provoked.

As the situation develops, international observers will be closely watching how Tehran responds to what is perhaps one of the most stark warnings issued by a U.S. president in recent memory.

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