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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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UK Police Prepare for More Far-Right Unrest After Another Night of Riots

 

 Police across the United Kingdom are gearing up for further violence this weekend following another night of rioting by far-right protesters. The latest unrest saw three officers hospitalized after a tense stand-off outside a mosque in northeast England.

The city of Sunderland has been particularly affected, with far-right demonstrators rampaging through the streets, setting cars and buildings on fire. The protests were sparked by misinformation surrounding a mass stabbing that resulted in the deaths of three young girls. False rumors about the attacker’s identity, linking him to the Muslim and immigrant communities, have fueled the anger of far-right supporters.

In response, police have increased their presence and are preparing for more than 20 protests expected over the weekend in cities including Belfast, Cardiff, Liverpool, and Manchester. Authorities are also deploying surveillance and facial recognition technology to manage the situation.

The Muslim Council of Britain has expressed concerns about the safety of Islamic places of worship, prompting many mosques to strengthen their security measures. Counter-protests are also anticipated, with organizations like Stand Up To Racism rallying against Islamophobia and the far-right.

Prime Minister Keir Starmer has announced the formation of a national policing unit to crack down on violent protesters, emphasizing that those involved in the disorder will face severe consequences.

As tensions remain high, the UK braces for a challenging weekend ahead.


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