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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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Trump’s Move to Oust Fed Governor Lisa Cook Sparks Legal and Political Showdown

 

In an unprecedented escalation of tensions between the White House and the U.S. central bank, President Donald Trump announced Monday that he is firing Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud.

In a letter posted to his Truth Social account, Trump claimed there was “sufficient cause” to remove Cook, accusing her of making false statements on mortgage applications for properties in Michigan and Georgia in 2021. The allegations originated from Federal Housing Finance Agency Director William Pulte, a Trump appointee, who asserted that Cook improperly claimed both homes as her primary residence to secure better loan terms. Cook has not been charged with any crime.

Cook, appointed to the Fed Board by President Joe Biden in 2022 and the first Black woman to serve in the role, swiftly rejected Trump’s authority to remove her. In a statement, she vowed not to resign, calling the move “illegal” and pledging to continue her work to support the U.S. economy.

The firing is expected to trigger a high-stakes legal battle over the limits of presidential power to remove members of the Federal Reserve, an institution designed to operate independently from political influence. Legal experts note that under federal law, Fed governors can only be dismissed “for cause,” a standard that has rarely been tested in court.

Critics, including Democratic lawmakers, have condemned the action as a politically motivated attempt to reshape the Fed’s leadership and pressure it toward more aggressive interest rate cuts. The dispute now heads toward what could be a landmark constitutional fight, with potential implications for the central bank’s independence and the broader U.S. financial system.

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