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CRA Tax Adjustment Delays Now Stretch Up to 47 Weeks — Here's How to Avoid Getting Stuck

   July 12, 2026   If you've ever filed a request to correct or update your tax return and then waited... and waited... you're not imagining it. Canada's Taxpayers' Ombudsperson has confirmed that some Canada Revenue Agency (CRA) adjustment requests are now taking nearly a year to process — and it's launched a formal investigation into why. What's Actually Happening When you need to change something on a tax return you've already filed — say you forgot a slip, need to update a deduction, or want to claim a credit you missed — you submit what's called a T1 adjustment request. The CRA sorts these into two speeds: Routine requests (filed online through your CRA My Account or certified tax software) have a service standard of just 2 weeks . By phone or mail, the standard is 8 weeks. Complex requests — where the CRA needs more documentation or a deeper review — carry a service standard of 20 weeks . The problem: the CRA isn't hitting even its own "...

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Market Cautious as Jobs Data Looms

                                           

US stock futures retreated today as investors cautiously weighed rate-cut odds ahead of crucial jobs data.

 Dow Jones Industrial Average futures (YM=F) and S&P 500 futures (ES=F) both fell roughly 0.4%, while tech-heavy Nasdaq 100 futures (NQ=F) were down about 0.6%. 

The market is playing it safe in a week dominated by Friday’s June jobs report, and doubts are creeping in about stocks maintaining their first-half rally. Investors are also closely watching political risk, speculating on what a Trump election win could mean for markets. 

Jerome Powell’s speech and weekly job openings data will further shape expectations for interest-rate cuts.


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