Skip to main content

Featured

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 "...
Post a Comment
Read more

article

Labels

Canada’s Jobless Rate Rises to 6.8% Despite December Hiring

        A employee sorts batteries on a conveyor belt at a recycling facility in Port Colborne, Ontario.

Canada’s unemployment rate climbed to 6.8% in December, even though the economy added 8,200 jobs during the month. The increase in unemployment wasn’t driven by widespread layoffs but by a surge in the number of people entering the labour force and actively looking for work.

December Highlights

  • Unemployment rate: Up from 6.5% to 6.8%
  • Employment: Net gain of 8,200 jobs
  • Labour force: Expanded significantly, outpacing job creation
  • Full-time work: Increased
  • Part-time work: Declined

Why the Rate Rose

Economists point out that the rise in unemployment reflects renewed labour market participation, not a weakening economy. More Canadians felt confident enough to start job hunting, but hiring didn’t keep pace with the influx of job seekers.

This marks the fourth straight month of employment growth, yet December also saw the largest increase in unemployed individuals in several years — a sign of a labour market adjusting to shifting economic conditions.

Sector Trends

  • Gains: Healthcare, social assistance, and construction
  • Declines: Professional services, accommodation and food services, and utilities

Looking Ahead

With more people entering the job market and competition for roles increasing, analysts expect early 2026 to bring a tighter, more competitive labour environment. The December data suggests a labour market that is expanding but still finding its balance.

Labels:

Comments

Post a Comment