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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 Administration Pushes Forward with Federal Workforce Cuts


The Trump administration is moving ahead with a significant reduction in the federal workforce, following the submission of downsizing plans by various agencies. This initiative, part of a broader effort to streamline government operations, has sparked widespread concern and debate.

Key agencies, including the Department of Veterans Affairs and the Department of Education, are expected to see substantial layoffs, with thousands of jobs on the line. The administration's directive emphasizes cutting non-essential functions and reducing budgets, aiming to reshape the federal bureaucracy. However, these measures have faced legal challenges, with courts recently ordering the reinstatement of some dismissed employees.

The economic implications of these layoffs are also under scrutiny, as fears of a potential recession loom. Critics argue that the cuts could disrupt essential services and harm vulnerable populations, while supporters view them as a necessary step toward fiscal responsibility.

This development marks a pivotal moment in the administration's efforts to redefine the role and scope of the federal government.

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