No one likes paying taxes, but everyone enjoys a big tax refund. The average Canadian receives just over $2000 as a tax refund, but getting a refund might not always be a good thing. On top of that, many Canadians tend to overspend when they receive their tax refund check.In this episode, Carissa shares how tax refunds work, explores smart spending options and delves into the idea around why tax refunds may indicate poor financial planning with insights from CIBC resident tax expert Jamie Golombek.Tax refunds are satisfying, but securing your financial stability would be smarter. So before you get tempted to spend your tax refund, tune into the episode to learn about your options.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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