Mortgage News
How to use your tax refund: A quick guide for busy people
There’s an opportunity to do some things you normally can’t afford when a cheque from the Canada Revenue Agency arrives (or a direct deposit lands in your bank account). How can you make the best of it?
Published
It's that time of year again! For many Canadians, spring means a cheque from the Canada Revenue Agency. So, how can you make the most of your refund? Rob Carrick from the Globe and Mail, with the assistance of Adrian Mastracci of KCM Wealth Management, put together a helpful guide to show Canadians how they can best put these funds to use.
The guide shows the best course of action between saving, investing, paying down debt or spending, depending on the amount of your refund and your long-term goals.