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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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Pope Shows Respect at Istanbul’s Blue Mosque Without Prayer

                        Pope Leo XIV visited the Sultan Ahmed Mosque, also known as the “Blue Mosque.”

During a visit to Istanbul’s iconic Blue Mosque, the Pope demonstrated reverence by removing his shoes before entering the sacred site. While he observed the grandeur and history of the mosque, he chose not to engage in prayer during his time inside.

The gesture of removing shoes is a traditional sign of respect in Islamic places of worship, underscoring the Pope’s commitment to interfaith dialogue and cultural sensitivity. His quiet presence highlighted the importance of mutual respect between religious traditions, even without shared rituals.

The visit was seen as a symbolic moment, emphasizing the value of coexistence and understanding across faiths.


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