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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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Heartfelt Search Continues for Missing Siblings in Rural Nova Scotia

 

A family in rural Nova Scotia remains hopeful as the search for a missing boy and girl enters another day. The siblings, **six-year-old Lily Sullivan and four-year-old Jack Sullivan**, vanished under mysterious circumstances, prompting an extensive rescue operation involving local authorities, volunteers, and community members.  

Emergency responders and search teams are combing the area, using drones equipped with **heat-seeking technology**, tracking dogs, and ground crews in an effort to locate the children. Authorities are urging anyone with information to come forward, emphasizing the importance of community involvement in such critical situations.  

While uncertainty lingers, the children’s family has expressed gratitude for the overwhelming support and remains steadfast in their hope for a safe reunion. **Their stepfather, Daniel Martell, has met with RCMP officials and remains hopeful**. As efforts continue, the community is holding onto optimism, refusing to let despair overshadow their determination.  

The search remains ongoing, with authorities encouraging residents to stay vigilant and report any potential leads.  



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