Who are the landlords in Canada today? Stats Canada has found that just over four in five rental income earners were in couple families (81.0%), about 48% were aged 45 to 64 and most lived in Toronto (21.2%), Montréal (13.5%) or Vancouver (10.7%). Net rental income was just under $5,000 for profitable ventures, but for the others, median losses of just over $3,000 were reported. Of course, those losses could come under the scrutiny of a tax auditor, as some expenses are claimable, some are restricted and some are capital in nature. What’s claimable is discussed below.