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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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Technical Glitch at Customs Kiosks Triggers Delays at Major Canadian Airports

Hundreds of passengers wait in line on their way to Canadian customs at Toronto's Pearson International Airport on Sunday night. Earlier that day, a nationwide technical issue shut down passport verification on ArriveCAN and automated kiosks at Canadian airports in major cities like Toronto, Montreal and Calgary.

Travellers at Toronto Pearson, Montreal-Trudeau, and Calgary International airports faced significant delays this weekend after a nationwide outage disrupted Canada Border Services Agency (CBSA) inspection kiosks.

The CBSA confirmed the outage was caused by an unforeseen technical issue during routine systems maintenance. As a result, passengers were redirected to manual processing lines, leading to longer-than-usual wait times at customs.

Airports issued advisories on social media, warning travellers to expect delays. Some arriving passengers were even held on aircraft until customs areas could accommodate them.

Officials emphasized that safety and security standards remained in place throughout the disruption. Border services officers continued verifying identities, processing declarations, and conducting additional screenings as required.

The CBSA said it is working closely with airport authorities to restore full service and apologized for the inconvenience. This marks the third such outage this year, following similar incidents in April and June.


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