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What to Do with Your Tax Refund: 5 Smart Moves for Canadians

  Tax Season · Personal Finance By MoneySavings.ca Editorial Team • May 7, 2026 • 7 min read Tax season is wrapping up across Canada, and for millions of Canadians, that means a refund cheque — or a direct deposit — is on its way. The average Canadian tax refund hovers around $1,800. That's real money. The question is: what's the smartest thing you can do with it? It's tempting to treat a tax refund like "found money" and splurge. But here's the truth — that refund was your money all along. The government was just holding it for you, interest-free. So before it quietly disappears into day-to-day spending, let's look at five moves that will make it work harder for you. $1,800 The average Canadian tax refund — enough to make a meaningful dent in debt, pad an emergency fund, or kick-start your TFSA for the year. 1 Pay Down High-Interest Debt First If you're carrying a balance on a credit card, this should be your very first call. Most Canadian credit car...
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Riddles and Answers


                                      

Riddles are a great way to challenge your mind and have some fun. They can also help you improve your vocabulary, logic and creativity. Here are some good riddles for the day that you can try to solve. Don't worry, the answers are provided at the end of the post.

 
Riddles:  

1.  I have a face, two hands, and a tail, but no arms, legs or head. I can tell you the time, but I don't know it myself. What am I?

2.  What invention lets you look right through a wall?


3.  What is always running but never moves, has no mouth but can speak, has no head but can weep?


4.  I have a name that's not mine, and no one cares about me in their prime. People cry at my sight, and lie by me all day and night. What am I?


5.  What is so fragile that saying its name breaks it?


Answers:

1. A clock.

2. A window.

3. A river.

4. A tombstone.

5. Silence.


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