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In Carney’s Canada, data suggests we’re using our tax returns just to live

Don’t get too many plans for your tax refund, if you’re getting one. According to new data, Canadians are using it just to keep food on the table.

The cash crunch is forcing Canadians to rely on their tax returns to cover their day-to-day expenses. According to data, 40% of Canadians depend on their tax refund to help address cost-of-living expenses, and 28% are going to use it to pay for everyday essentials.

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