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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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Nationwide Anti-Immigration Rallies Draw Thousands, Prompt Strong Government Rebuke

 

Demonstrators hold Australian flags during the 'March for Australia' anti-immigration rally, in Sydney, Australia, August 31, 2025.


Tens of thousands of protesters took to the streets across Australia on Sunday as part of the “March for Australia” rallies, calling for an end to what organisers describe as “mass migration.” Demonstrations were held in major cities including Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra, with participants waving Australian flags and chanting nationalist slogans.

The rallies, which coincided with counter-protests by anti-racism groups, sparked heightened security measures. In Melbourne, the CBD was declared a designated area, giving police powers to search for weapons and order the removal of face coverings. In Sydney, up to 1,000 officers were deployed to prevent clashes.

Government leaders condemned the events, linking them to extremist elements and warning they risked spreading division and hate. Home Affairs Minister Tony Burke stated there was “no place in our country for people who seek to divide and undermine our social cohesion,” while Multicultural Affairs Minister Anne Aly reaffirmed that multiculturalism remains a valued part of Australia’s national identity.

Some migrant communities expressed concern over being targeted, with Indian community leaders advising members to stay indoors for safety. Despite organisers distancing themselves from known far-right figures, authorities remain on alert for extremist involvement.


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