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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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Liberal Leader Slams Ford Over Rezoning Scheme Scandal

 

Ontario Liberal Leader Bonnie Crombie has fired a salvo at Progressive Conservative Premier Doug Ford amid a new lawsuit alleging misconduct by former government staffers in a controversial rezoning scheme.

The lawsuit, filed in a Toronto court by property owner Amanpreet Jakhar and two numbered companies, seeks approximately $2.2 million in damages. It accuses former staffers Ryan Amato and Shiv Raj—and the developer Frontier Group—of promising to leverage “backchannel contacts” and political connections to secure rezoning approvals for lucrative properties. According to the claim, the men misled investors by accepting monthly payments of $55,600 plus tax, all the while failing to make any serious effort to rezone the land.

At a recent campaign event, Crombie did not mince words. “It’s outrageous but not surprising,” she declared, using the lawsuit as further evidence of what she described as a long-standing culture of backroom deals and questionable ethics within Ford’s administration. Crombie argued that the scandal underscores the need for greater transparency and accountability in government, insisting that such practices have repeatedly compromised Ontario’s political integrity.

Premier Ford, meanwhile, has denied any involvement in the matter. At a campaign event earlier this week, he claimed to have “never heard of this” and insisted that anyone found to be engaging in such “background dealing” would be terminated immediately. His spokesperson reiterated that the province is not involved in the lawsuit and that any wrongdoing will be dealt with swiftly in court.

As Ontario heads toward another election, this latest legal battle is set to intensify scrutiny of Ford’s government, adding another chapter to a series of controversies that include previous allegations linked to the Greenbelt scandal and the use of ministerial zoning orders. Both sides now brace for what could be a protracted legal and political showdown in the weeks ahead.

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