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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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Tragic Suicide Bombing at Quetta Railway Station Claims 26 Lives

 

In a devastating incident, a suicide bomber detonated an explosive device at a railway station in Quetta, southwestern Pakistan, on Saturday, resulting in the deaths of at least 26 people, including soldiers and railway staff. The attack, which also left around 62 others injured, occurred as nearly 100 passengers were waiting for a train to Rawalpindi.

The explosion caused significant damage to the station, with the steel structure of the platform’s roof blown apart and luggage scattered across the area. Emergency services rushed to the scene, transporting the injured to nearby hospitals, where some of the critically wounded succumbed to their injuries.

The Balochistan Liberation Army, a separatist group, claimed responsibility for the attack, stating that it targeted troops present at the station. This incident follows a recent bombing in the province that killed nine people, including five children.

Prime Minister Shehbaz Sharif condemned the attack, vowing that those responsible would face severe consequences. The international community, including Afghanistan and Russia, also expressed their condolences to the victims’ families.

This tragic event highlights the ongoing security challenges in the region and the need for continued efforts to combat terrorism.


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