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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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Muhammad Yunus Emerges as Potential Leader Amid Bangladesh’s Political Crisis

 

Bangladesh is currently undergoing a significant transition following the resignation of former Prime Minister Sheikh Hasina. The protests, initially sparked by government job-related issues, have evolved into a broader challenge to her 15-year rule. While Hasina has fled the country, the battle for power continues between opposition leaders and the powerful military.

Amid this uncertainty, one name has surfaced as a potential leader: Muhammad Yunus, a Nobel laureate renowned as the “banker to the poorest of the poor.” Yunus, an economist and banker, pioneered the use of microcredit to assist impoverished individuals, particularly women. His efforts earned him the Nobel Peace Prize in 2006.

Student leaders who organized the protests are calling for Yunus to head an interim government. Currently in Paris for the Olympics, Yunus has reportedly agreed to step in. His reputation as a critic and opponent of Hasina makes him a significant figure in Bangladesh’s political landscape. As the country awaits fresh elections, Yunus could play a crucial role in steering the nation through this crisis.

In summary, Muhammad Yunus’s emergence as a potential leader offers hope for stability during this tumultuous period in Bangladesh’s history. 

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