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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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Haitian Migrants Intercepted Near Quebec Border on Christmas Night

 


Nineteen Haitian migrants were intercepted by the RCMP on Christmas after crossing irregularly into Quebec from the United States during frigid weather conditions.

Police say the group, which included adults, a toddler, and a three‑year‑old child, entered Canada near Havelock in the Montérégie region, a few kilometres north of the New York border. U.S. authorities alerted Canadian officers early in the evening, prompting a coordinated search along the wooded border area.

Fifteen people were located hiding in the forest, while officers continued searching until late evening to find the remaining migrants. Eight individuals were taken to hospital, with several treated for frostbite. The two young children were also examined as a precaution.

The RCMP says the investigation is ongoing as officials determine next steps in processing the asylum seekers.


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