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5 benefits of paying down debt with your tax refund
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The average Canadian tax return amount in 2023 is $2,072 and that money can go a long way when it comes to meeting your financial goals.

But remember, this isn’t a cash windfall; it’s YOUR money that the government borrowed from you, so Credit Canada recommends using it for needs versus wants. More specifically, consider using it to help pay down your debt.

Author: Myles-Morgan Summer
Topic: Tax filing and benefits
Publisher: Credit Canada
Location: Canada
Format: Article
Content Type: Research
Publication Date: April 20, 2023