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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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Mediterranean Braised Chicken Thighs

 

Ingredients:

  • 2 tablespoons butter
  • 2 tablespoons olive oil
  • 6 bone-in chicken thighs (about 2 pounds)
  • 1 can (14 ounces) water-packed small artichoke hearts, drained
  • 3 shallots, halved
  • 1/3 cup dry white wine
  • 1/2 cup pitted Greek olives
  • 1/3 cup reduced-sodium chicken broth
  • 1 tablespoon lemon juice
  • 1 garlic clove, thinly sliced
  • 1 tablespoon drained capers
  • 1 teaspoon ground sumac or za’atar seasoning

Instructions:

  1. Preheat oven to 375°.
  2. In a 12-in. cast-iron or other ovenproof skillet, heat butter and oil over medium-high heat.
  3. Brown chicken, skin side down. Turn thighs over; arrange artichokes and shallots around chicken. Cook 1 minute longer.
  4. Add wine to pan; cook 1 minute longer, stirring to loosen browned bits from pan.
  5. Add remaining ingredients to pan.
  6. Bake 15-20 minutes or until a thermometer inserted in chicken reads 170°-175°.


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