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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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Alberta Health Officials Face Scrutiny Over Ties to Supplier Company

 

Alberta Premier Danielle Smith, right, and Minister of Health Adriana LaGrange provide an update on what steps the government is taking related to allegations by former Alberta Health Services CEO Athana Mentzelopoulos, in Calgary, Alta., Wednesday, Feb. 19, 2025.


Alberta’s health system is under renewed scrutiny following revelations that senior health officials also held directorships at a company linked to a medical supplier. The overlap has raised concerns about potential conflicts of interest in the awarding of lucrative health contracts.

The controversy stems from allegations made by former Alberta Health Services (AHS) CEO Athana Mentzelopoulos, who claimed she was dismissed after probing questionable procurement practices. According to her legal filings, contracts under the Alberta Surgical Initiative were awarded to private surgical operators and suppliers with close ties to government officials and health executives.

The situation has prompted investigations by the Auditor General of Alberta, as well as an independent review led by former Manitoba judge Raymond Wyant. While the interim report has yet to be released, the final findings are expected to be made public later this year.

Unions and advocacy groups have called for greater transparency, warning that for-profit deals risk undermining the integrity of the public health system. The government, however, has denied any wrongdoing, maintaining that all contracts were awarded in compliance with existing rules.

As the investigation continues, the revelations highlight the delicate balance between public trust and private partnerships in health care—an issue that could shape the future of Alberta’s health system.


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