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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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FBI Investigates Motive Behind White House Ambush Shooting

 

Law enforcement respond at the scene after two National Guard members were shot near the White House in Washington, D.C., U.S., November 26, 2025. 


Federal investigators are working to uncover the motive behind a shocking ambush attack that left two National Guard members critically wounded just blocks from the White House on Thanksgiving eve. The FBI’s Joint Terrorism Task Force is leading the probe after authorities identified the suspect as Rahmanullah Lakanwal, a 29-year-old Afghan national who entered the U.S. in 2021.

The incident unfolded near the Farragut West Metro Station in Washington, D.C., where Guard members were conducting a high-visibility patrol. Officials say the suspect opened fire suddenly, striking two soldiers before being subdued in a gunfight with other troops. Both Guardsmen remain hospitalized in critical condition.

FBI Director Kash Patel described the shooting as an “ambush” and a targeted attack, while D.C. Mayor Muriel Bowser echoed concerns that the violence was deliberate. President Donald Trump, who was in Florida at the time, condemned the act as terrorism and vowed severe consequences for the attacker.

Authorities are now examining whether the suspect acted alone or was influenced by extremist ideology. The Department of Homeland Security confirmed Lakanwal’s identity and noted his arrival in the U.S. during the chaotic Afghanistan withdrawal. Federal agencies are treating the case as a potential act of terrorism, though the precise motive remains unclear.

The attack has reignited debate over the deployment of National Guard troops in Washington, a mission ordered months ago by President Trump and challenged in court by D.C. officials. As investigators search for answers, the nation grapples with the unsettling reality of violence striking at the heart of its capital.

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