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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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Ontario Autism Charity Under Police Investigation for Grant Mismanagement

 

Premier Doug Ford and Jake's House co-founder David Bodanis pose on Nov. 25, 2018 at the charity's "Legend of Distinction Ceremony" honouring Toronto Police Supt. Ron Taverner.


Ontario Provincial Police have opened an investigation into Jake’s House for Autistic Children, a charity that has received substantial provincial funding over the years. The review focuses on how the organization handled government grants after concerns were raised by provincial officials about its financial practices and overall governance.

Jake’s House, known for providing programs and support to families affected by autism, had previously been funded through multiple provincial initiatives, including workforce‑related programs. Government ministries flagged ongoing issues with the charity’s financial oversight, prompting the province to halt funding and refer the matter to police.

The OPP’s anti‑rackets branch is now examining whether public funds were managed appropriately. The investigation remains active, and neither the charity nor provincial officials have publicly detailed the specific concerns under review.


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