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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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Aoun Calls for Hezbollah Disarmament Amid Rising Tensions

                                            Hezbollah members parade during a rally in Beirut's southern suburbs

Lebanese President Joseph Aoun has issued a bold appeal for Hezbollah and other armed factions to surrender their weapons to the Lebanese Army, marking a significant shift in Lebanon’s internal security discourse. His televised speech, delivered on Army Day, emphasized the need for a unified national defense under state control.

Aoun’s proposal comes amid growing U.S. pressure to disarm Hezbollah, which remains the only group to retain its arsenal following Lebanon’s civil war. The plan, to be presented to the Cabinet next week, includes:

  • A formal commitment to exclusive military authority for the Lebanese Army
  •  An immediate cessation of Israeli hostilities and withdrawal from occupied posts in southern Lebanon
  • A request for $1 billion annually over 10 years to strengthen Lebanon’s military and security forces
  • An international donor conference to support post-war reconstruction efforts

Hezbollah, however, remains defiant. Its leader, Sheikh Naim Qassem, argued that disarmament would serve Israeli interests, stating, “Anyone who demands the delivery of weapons is demanding the delivery of weapons to Israel”.

The U.S.-brokered ceasefire from last year’s war between Hezbollah and Israel left ambiguity around the group’s military presence north of the Litani River. While Lebanon and the U.S. interpret the agreement as requiring full disarmament, Hezbollah insists it only applies to the southern region.

President Aoun framed the moment as a “historic opportunity” to restore sovereignty and rebuild trust in Lebanon’s institutions. Whether this initiative gains traction remains uncertain, as Hezbollah’s resistance and regional dynamics continue to complicate the path forward.


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