Canadians Face Tax Deadline

Apr 26, 2018 | 12:47 PM

PRINCE GEORGE — The end of April marks an important deadline for Canadians.  Tax returns are due and many are scrambling to get them in on time.  

According to the Canada Revenue Agency (CRA), 64 per cent of those who filled out income tax return forms are expected to receive a refund this year – 18 per cent will have to pay more and another 18 per cent won’t have to do anything.

Matt Hutcheon with Taxwerx says Canadians want to strive to not owe or be owed money by the government as its not the best use of your money to have the government hold onto it.

And for those anticipating a windfall,  Insolvency Trustee Melody Desmarais says going on a shopping spree with your tax return may not be the best idea.  Reinvesting in an RRSP, or a tax free savings account are a few ways to invest your return.