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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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Pope Francis: A Legacy of Compassion and Reform Ends at 88

Pope Francis, the first Latin American pontiff and a transformative figure in the Catholic Church, has passed away at the age of 88. Born Jorge Mario Bergoglio in Argentina, he rose from humble beginnings to become a global symbol of compassion, humility, and reform.  

Throughout his tenure, Pope Francis championed the rights of the marginalized, advocating for immigrants, the poor, and LGBTQ+ individuals. His leadership was marked by a commitment to inclusivity, environmental stewardship, and a push for modernization within the Church.  

His passing was announced by the Vatican early Monday morning, with Cardinal Kevin Farrell stating, “At 7:35 this morning, the Bishop of Rome, Francis, returned to the house of the Father”. His death follows a series of health challenges, including a prolonged battle with respiratory issues.  

As the world mourns his loss, tributes pour in from leaders across the globe, recognizing his unwavering dedication to justice and faith. The College of Cardinals will soon convene to elect his successor, marking the beginning of a new chapter for the Catholic Church.  

Pope Francis leaves behind a legacy of courage and compassion, forever shaping the Church and the lives of millions.

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