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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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Canada’s Inflation Cooldown: A January Surprise

 

                                Financial industry observers had expected the inflation rate to stay steady at 2.4 per cent. 

Canada’s inflation rate eased more than expected in January, slipping to 2.3% and offering a welcome sign of cooling price pressures. Economists had anticipated the rate would hold steady at 2.4%, but softer core measures and sharply lower gasoline prices helped push inflation down. 

Gasoline prices were a major driver behind the slowdown, falling 16.7% year-over-year and easing the burden on consumers at the pump. Excluding gasoline, inflation rose 3.0%, indicating that while headline inflation is moderating, underlying price pressures remain present. 

Core inflation measures also softened, with CPI Trim and CPI Median both edging lower. This broad-based easing suggests that inflationary momentum is losing steam, potentially influencing future monetary policy decisions. 

Overall, January’s data paints a cautiously optimistic picture: inflation is cooling, but the path forward may remain uneven as various sectors adjust to shifting economic conditions.

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