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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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Fragile Ceasefire Shattered: Israeli Airstrike Claims Nine Lives in Gaza

An Israeli airstrike in northern Gaza's Beit Lahiya town has resulted in the deaths of at least nine Palestinians, including three local journalists, according to Gaza's health ministry. The strike targeted a vehicle, causing casualties both inside and outside the car. Several individuals were critically injured and rushed to nearby hospitals.

The incident comes amidst ongoing ceasefire negotiations between Hamas leaders and mediators in Cairo. The January ceasefire agreement, which had temporarily halted large-scale fighting, now appears increasingly fragile. Palestinian health officials report that dozens have been killed despite the truce, with both sides accusing each other of violations.

Hamas has condemned the airstrike as a "dangerous escalation" and a violation of international laws, urging mediators to pressure Israel into adhering to the ceasefire terms. Meanwhile, the Israeli military has yet to comment on the incident.

This tragic event underscores the volatility of the region and the challenges in achieving lasting peace.

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