Mortgage Interest deductible in Canada

My_question_is: Canadian-specific
Subject: Mortgage Interest or other.
Expert: [email protected]
Date: Saturday March 17, 2007
Time: 02:10 PM -0500


Is their a way I can claim the Interest on my Mortgage. I have been Disabled for the Past year and a half due to Cancer Treatment. I have claimed all the other medical expenses last year. I hope to return to work soon, but as of now I owe $1800.00+. Are their any other deductions I am not aware of that I can also deduct.
Thanks Ron Beausejour


david ingram replies:

Yes it is possible but you have to work at it. Read the following older answer.


My question is: Canadian-specific

What date is the archive in Centapede for turning home mortgage interest
tax deductible
There was a book written about it also Who was the author?

Thanks I very much enjoy your column

david ingram replies:

The first treatise on making Canadian mortgage interest deductible ever written
that I know of was written by me and published by the North Shore Credit Union
in the North Shore News in November 1976 and has been updated many times.
You can read the latest version in my Nov 2001 Newsletter in the top left
hand box at

Fraser Smith wrote a book called the SMITH MANOEUVRE in 1985. It should be
available at any book store or you can check out his website at

If you are in Greater Vancouver, you can attend one of Fred Snyder's Free
Thursday Seminars and /or listen to him every Sunday Morning at 9:00 AM on or see him at 10:30 AM every Sunday morning on NOW TV, channel

If you are on the island, Fred's associate, Ralph Hahmann also gives free
seminars on the subject at his Dundee Wealth Management office on McKenzie
Street in Victoria on Tuesday evenings. Call Ralph at (250) 472-0700.

Every Thursday Evening, Fred Snyder of Dundee Wealth Management conducts one
of 17 different financial seminars in the boardroom of his office

Time: 7:00 to 9:30 PM
Date: Every Thursday evening
Place 1764 West Seventh
Vancouver (corner of Burrard)

Phone (604) 731-8900 to register

No cost - no obligation

Topics always cover mortgage interest as a deduction

other topics - getting the mortgage, estate planning, critical care
insurance, income taxation, differences between stocks and bonds, and
usually the most innovative HELOC mortgage offered in Canada from Manulife

If you are starting in downtown Vancouver and do not want to go home first,
one of the excellent THAI HOUSE restaurants is in the same building and
makes a nice start to the evening. If it is your first seminar, Fred will
buy you dinner if you are pre-registered.

I, david ingram, am sometimes at the Thursday evening following the last
Sunday of each month to cover mortgage interest as a deduction and give the
class an adding test.