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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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Venezuela's Voices of Dissent: Protests Intensify Amidst Election Controversy

 

In the wake of the recent presidential election in Venezuela, a wave of protests has swept across the nation. The opposition, led by Edmundo González, has accused President Nicolás Maduro of electoral fraud, claiming a convincing victory with 70% of the vote. 

The streets of Caracas and beyond have become stages for the public's outcry, with thousands of citizens rallying in defiance of the official results. The opposition's allegations are bolstered by reports of voting-tally proof, igniting widespread demonstrations demanding transparency and justice. 

International observers and several countries have echoed the call for a thorough review of the polling data, emphasizing the need for democratic integrity in the electoral process. As the situation unfolds, Venezuela stands at a crossroads, with its people's call for change resonating louder than ever.

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