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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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Canada Decides: A Historic Election Unfolds

 

Canadians from coast to coast participated in a landmark election, casting their votes to shape the nation's future. This pivotal moment saw citizens engaging in a democratic process to elect their next prime minister and determine the direction of the country's leadership. 

The election has been marked by high voter turnout, reflecting the public's commitment to their civic duty and the importance of this decision. As the results unfold, the nation watches closely, anticipating the impact of this historic vote on Canada's political landscape.

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