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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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Missile Strike Near Israel’s Ben Gurion Airport Sparks Security Concerns

A missile launched from Yemen by the Iran-backed Houthi rebels landed near Israel’s Ben Gurion Airport on Sunday morning, causing temporary flight suspensions and widespread panic among passengers. The missile struck a road near Terminal 3, creating a large crater but causing no significant damage. 

Israeli authorities confirmed that multiple interception attempts failed, leading to the projectile reaching its target. Sirens blared across central Israel, including Tel Aviv, as emergency crews rushed to the scene. The Israeli ambulance service reported that several people sustained minor injuries, with some requiring hospitalization. 

The Houthis claimed responsibility for the attack, stating that Israel’s main airport was “no longer safe for air travel”. In response, Israeli Defense Minister Israel Katz vowed strong retaliation, declaring that “whoever harms us will be harmed sevenfold”. 

Flight operations at Ben Gurion Airport resumed after a brief suspension, though several airlines canceled or delayed departures. The incident comes amid escalating tensions in the region, with Israeli officials set to discuss potential military responses. 

This latest strike underscores the growing threat posed by long-range missile attacks and raises concerns about the effectiveness of Israel’s air defense systems. 


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