Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

North Korea's Military Alliance with Russia: A New Chapter in Global Dynamics

In a historic move, North Korea has confirmed the deployment of troops to Russia to support its war efforts in Ukraine. This marks the first time Pyongyang has openly acknowledged its military involvement in the conflict. Under the directive of leader Kim Jong Un, North Korean forces played a pivotal role in aiding Russia to reclaim the Kursk region, a territory previously occupied by Ukrainian forces.

The North Korean state media described the operation as a testament to the "firm militant friendship" between the two nations. The deployment was carried out under a strategic partnership treaty signed between Kim Jong Un and Russian President Vladimir Putin last year. This alliance has not only strengthened military ties but also brought the two politically isolated nations closer.

Russian President Vladimir Putin expressed his gratitude, hailing the North Korean troops as "heroes" who fought alongside their Russian counterparts. Meanwhile, the international community has raised concerns over the implications of this alliance, with some nations condemning the move as a provocation to global security.

This development underscores the shifting alliances and complexities in the ongoing conflict, adding a new layer of geopolitical tension.

Labels:

Comments

Post a Comment