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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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Central Gaza Airstrike Claims Lives Amid Leadership Divisions

 

In a tragic incident, an Israeli airstrike in central Gaza resulted in the loss of 20 lives, predominantly women and children. The conflict continues to escalate across the region, with Israel’s leaders grappling over the governance of Gaza in the aftermath of the prolonged war, now entering its eighth month.

Prime Minister Benjamin Netanyahu faces criticism from his own War Cabinet, while his political rival, Benny Gantz, threatens to leave the government unless a comprehensive plan is formulated by June 8. This plan includes the establishment of an international administration for postwar Gaza. Meanwhile, U.S. national security adviser Jake Sullivan is engaging with Israeli leaders to discuss an ambitious proposal: Saudi Arabia recognizing Israel and assisting the Palestinian Authority in governing Gaza, in exchange for a path toward eventual statehood. Netanyahu, however, remains opposed to Palestinian statehood and insists on maintaining open-ended security control over Gaza, collaborating with local Palestinians unaffiliated with Hamas or the Western-backed Palestinian Authority.

As the discussions on postwar planning gain urgency, the conflict continues unabated. Recent weeks have seen Hamas regrouping in parts of northern Gaza that were heavily bombed earlier in the war. Israeli ground troops had already operated in these areas. The recent airstrike in Nuseirat, a Palestinian refugee camp dating back to the 1948 Arab-Israeli war, claimed 20 lives, including eight women and four children. Another strike on a street in Nuseirat resulted in five more casualties, according to the Palestinian Red Crescent emergency service. Additionally, a senior officer in the Hamas-run police was killed in Deir al-Balah, further escalating tensions.

The situation remains dire, with no clear end in sight. As the world watches, the toll of human suffering continues to mount, and the need for a lasting solution becomes increasingly urgent.

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