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

Trump Administration Reverses Controversial Visa Terminations

 

The Trump administration has reversed its abrupt decision to terminate the legal status of thousands of foreign students studying in the United States. This move follows intense scrutiny from courts and over 100 lawsuits filed by affected students. The terminations, which were linked to minor infractions or unclear reasons, had left many students fearing deportation and unable to continue their studies.

The Justice Department announced the reversal in federal court, stating that Immigration and Customs Enforcement (ICE) is developing a new policy for reviewing and terminating student visa records. Until this policy is finalized, the records of affected students will remain active or be reactivated. However, ICE retains the authority to terminate records for other reasons, such as unlawful activity.

This decision has brought relief to many students and universities, but uncertainty remains about the long-term implications and the scope of the reversal. The administration's initial move had sparked widespread panic and disrupted the lives of countless students, highlighting the challenges of navigating immigration policies in the U.S..

Labels:

Comments

Post a Comment