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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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A Pause in Conflict: Putin Declares Ceasefire to Honor WWII Anniversary

In a significant announcement, Russian President Vladimir Putin has declared a three-day ceasefire in the ongoing conflict with Ukraine. The truce, set to take place from May 8 to May 10, coincides with the 80th anniversary of the Soviet Union's victory in World War II. The Kremlin emphasized that all military actions would be suspended during this period and urged Ukraine to follow suit.

This announcement follows a recent Easter ceasefire, which was marred by accusations of violations from both sides. While the gesture appears to signal an interest in peace, skepticism remains high among Ukraine and its allies, who question the sincerity of Russia's intentions.

The ceasefire aligns with Victory Day celebrations, a deeply significant occasion in Russia, commemorating the defeat of Nazi Germany. However, the international community remains cautious, awaiting Ukraine's response and monitoring the truce's implementation.

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