Originally Posted by
farnorthtrader
Came back shortly afterward, now claiming that they need 60 business days (12 weeks plus holidays) to process a refund, so to answer the original question, yes, it would appear that three months is the standard refund time for Air Canada.
No, it's not standard. Most bookings are cancelled easily and it only takes a couple of days. There are clearly problems in getting refunds on some bookings that require manual processing, and it's ridiculous how long it's taking them to give you your money back, but it's not standard.