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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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Man climbs London’s Big Ben tower waving Palestinian flag


In a striking act of protest, a man climbed the iconic Elizabeth Tower, commonly known as Big Ben, at the Palace of Westminster in London early Saturday morning. Waving a Palestinian flag and reportedly shouting "Free Palestine," the barefoot man drew the attention of onlookers and emergency services alike.

The Metropolitan Police were alerted to the incident at 7:24 AM and quickly arrived at the scene, accompanied by the London Fire Brigade and Ambulance Service. Emergency crews used an aerial ladder platform to communicate with the man and work toward a safe resolution. Westminster Bridge and nearby streets were temporarily closed, causing significant traffic disruptions.

Authorities have not yet disclosed the man's identity or motives, but the protest has sparked conversations about the ongoing Israeli-Palestinian conflict. The incident highlights the lengths to which individuals will go to draw attention to political causes. Tours of the Parliamentary Estate were canceled for the day as a precautionary measure.

The situation remains under investigation as officials work to understand the full context of the protest.

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