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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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RCMP Investigates Allegations of Corruption in Alberta Health Contracts

The Royal Canadian Mounted Police (RCMP) has initiated a formal investigation into allegations of corruption and political interference within Alberta Health Services (AHS). The probe follows a complaint received in February, which raised concerns about procurement practices and potential conflicts of interest in multimillion-dollar health contracts.

The allegations were brought to light by Athana Mentzelopoulos, the former CEO of AHS, who filed a wrongful dismissal lawsuit against the agency and the provincial government. Mentzelopoulos claims she was terminated after launching an internal investigation into inflated contract prices and questionable dealings with private surgical providers. She also alleged political pressure to approve contracts despite unresolved concerns.

The RCMP's investigation adds to ongoing reviews by Alberta's auditor general and a third-party inquiry led by former Manitoba judge Raymond E. Wyant. While the allegations remain unproven in court, the case has sparked widespread calls for transparency and accountability in the province's healthcare system.

Health Minister Adriana LaGrange and Premier Danielle Smith, both named in the lawsuit, have denied any wrongdoing. The government has pledged full cooperation with the RCMP's investigation.


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