Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

A Historic Moment: The Philippines Awaits a Possible Filipino Pope

As the papal conclave unfolds in Vatican City, the Philippines is watching with keen anticipation. With three Filipino cardinals—Luis Antonio Tagle, Jose Advincula, and Pablo Virgilio David—eligible to vote and be voted for, the possibility of a Filipino pope has never been more tangible.

Among the contenders, Cardinal Luis Antonio Tagle has emerged as a strong candidate. Often referred to as the "Asian Francis," Tagle has won admiration for his progressive approach and humble demeanor. His potential election would mark a historic moment, making him the first Filipino and Asian pope.

The conclave, a centuries-old tradition, remains shrouded in secrecy. Cardinals cast their votes in the Sistine Chapel, with black smoke signaling an inconclusive vote and white smoke announcing the election of a new pontiff. As the world waits, Filipinos are hopeful that one of their own may soon lead the Catholic Church.


Labels:

Comments

Post a Comment