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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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Death and Fear: Chaos Unleashed in Moscow Concert Attack

 

In a horrifying turn of events, the Crocus City Hall near Moscow became a scene of terror as four armed assailants calmly approached the metal detectors. Their automatic weapons erupted in short bursts, sending terrified civilians sprawling to the ground in a hail of bullets. The once-celebratory atmosphere turned into a nightmare.

Witnesses recount the chaos. Natalya, standing in line to enter the 6,200-seat concert hall, had just removed her coat. Suddenly, shots rang out from behind, loud and jarring. “It was like a firecracker blast,” she recalls, “but with an automatic burst. I could hear it right behind me.” The Soviet-era rock group “Picnic” was scheduled to perform their hit song “Afraid of Nothing,” but fear replaced anticipation as the gunmen unleashed hell upon the unsuspecting crowd.

Smoke and flames engulfed the venue, and emergency services rushed to the scene. The aftermath left a makeshift memorial, flowers, and candles in memory of the victims. The tragedy reverberated far beyond Moscow, touching hearts across the world.

As investigators piece together the motives behind this senseless attack, one thing remains clear: death and fear have forever scarred the memories of those who witnessed the horror at Crocus City Hall. 

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