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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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Poilievre’s Commanding 87.4% Leadership Endorsement Signals Firm Control of Conservative Party

Conservative Party Leader Pierre Poilievre delivers his keynote address at the party’s national convention in Calgary on Friday.

Pierre Poilievre has secured an overwhelming 87.4% support in the Conservative Party’s leadership review, reinforcing his dominant position within the party and signaling strong internal confidence in his direction.

The review, held during the party’s national convention, served as a key test of Poilievre’s standing following the most recent federal election. Despite the setback of losing both the national vote and his own seat, he has remained a central figure in Conservative politics, returning to Parliament and maintaining significant influence among party members.

In his address to delegates ahead of the vote, Poilievre emphasized unity, discipline, and a renewed focus on economic and social priorities. The strong endorsement suggests that party members remain aligned with his vision and strategy for the future.

With nearly all eligible delegates casting ballots, the result provides Poilievre with a reinforced mandate as he prepares to guide the party into its next phase — one that will likely focus on rebuilding momentum and sharpening its message ahead of the next election cycle.


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