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

Starship's Latest Flight Ends in Turbulence: SpaceX Faces Another Setback

 

SpaceX launched its Starship rocket once again, aiming to push the boundaries of space exploration. However, despite high hopes, the mission ended in disappointment as the spacecraft tumbled out of control and ultimately broke apart. 

The 403-foot rocket lifted off from Starbase, Texas, marking its ninth test flight. SpaceX had planned to deploy mock satellites, but a malfunctioning payload door prevented the release. Shortly after, the spacecraft began spinning uncontrollably, leading to an uncontrolled descent into the Indian Ocean. 

CEO Elon Musk acknowledged the setback but emphasized that this flight was a "big improvement" compared to previous attempts, which ended in fiery explosions over the Atlantic. Despite the failure, Musk remains optimistic, promising a faster launch cadence, with a new Starship flight every three to four weeks. 

NASA is closely watching these developments, as SpaceX's Starship is a crucial component of future moon and Mars missions. While this latest test did not go as planned, SpaceX continues to refine its technology, learning from each attempt to bring humanity closer to interplanetary travel.

Labels:

Comments

Post a Comment