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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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Chicago Draws the Line: Mayor Orders Police to Shun Trump’s Federal Deployment

 

                     Chicago Mayor Brandon Johnson speaks during a news conference at River Point Park on Monday.  


Chicago Mayor Brandon Johnson has signed an executive order barring city police from cooperating with any National Guard troops or federal agents should President Donald Trump follow through on his threat to deploy them to the city.

The order, announced at a City Hall press conference alongside other local leaders, makes clear that Chicago police will continue enforcing state and local laws but will not participate in joint patrols, arrests, immigration enforcement, or other federal-led operations. Officers are also directed to wear official uniforms, follow body camera protocols, and avoid masks to ensure they are distinguishable from federal personnel.

Johnson framed the move as a defense of civil liberties and local sovereignty, warning that unauthorized federal military action could “undermine democratic norms” and “risk escalating violence rather than securing the peace”. He cited recent declines in violent crime as evidence that the city is addressing public safety without federal intervention.

Illinois Governor J.B. Pritzker echoed the mayor’s stance, calling any unrequested deployment “unconstitutional” and vowing a strong state response. The White House dismissed the order as a partisan stunt, arguing that federal action is aimed at reducing crime.

Johnson said Chicago is prepared to pursue legal and legislative measures to block any such deployment, underscoring his message: “We will protect our Constitution, we will protect our city, and we will protect our people”.


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