Seniors and students

For tax year 2014, you can no longer claim safety deposit box expenses.

Here's the source from the CRA. https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...

You cannot claim on line 221 any of the following amounts:

• the interest you paid on money you borrowed to contribute to a registered retirement savings plan, a pooled registered pension plan, a specified pension plan, a registered education savings plan, a registered disability savings plan, or a tax-free savings account (TFSA);
• safety deposit box charges;