The time it takes to get your tax refund depends on how and when you filed your income tax return.
According to the CRA when you file your tax return on or before your filing due date, they will issue you with a Notice of Assessment and any refund that they owe you as follows:
Tax returns that are filed electronically are processed faster than paper returns, often within as few as eight business days. The CRA also says that if you use direct deposit into your bank account then you could get your refund faster. However, it is realistic to expect your tax refund after the end of February because even if you filed in January the CRA does not begin processing income tax returns until mid-February.
How to Check the Status of your Tax Refund or Return
There are several ways to check on your personal tax return.
The earliest you can expect information to be available via Telerefund or TIPS is mid-March if you filed before mid-February. Otherwise you need to wait four weeks after filing between mid- February and mid-April and at least six weeks after mid-April.
Your Return/Refund May be Delayed:
You May not get the Refund you are Expecting if the CRA keeps some of it:
Covid-19 Now is the Time to get Serious About Your Financial Wellness
How to Close your GST Account with the CRA
How to Pay the GST/HST that Your Small Business Owes
What you Should do with your 2019 Tax Refund
When are Canadian Business Taxes Due?
Are you one of the Almost 50% of Canadians Taking Advantage of the Tax Deadline Extension?
How to Minimize Taxes on Your Small Business
4 Tricks Wealthy People use to Reduce Taxes – you can try them too!