Canada bank holidays and processing deadlines

Devon Lohrasbe
Devon Lohrasbe
  • Updated

With banks closed during certain holidays throughout the year, employers must often process their payrolls early in order to pay their teams on time. To make payroll processing around bank holidays easier, we’ve created the Wagepoint Canada bank holidays and processing deadlines schedule. Let us help you stay in the know of these important deadlines so your employees get paid on time, making everyone's holidays even better! 

 

2026 Canada bank holidays and processing deadlines schedule

Use the table below to see when you should be processing your pay runs during the holidays. Direct deposit processing for Wagepoint customers on a three-day processing schedule requires payroll to be approved by 12 pm ET on the day listed.

Do I need to change my pay date if it falls on a holiday? In short, it depends entirely on your employees’ financial institutions. In most cases, you do not need to change your pay date if it lands on a holiday, as Wagepoint sends the funds out one day prior, in accordance with ACH guidelines. However, please note that if your employees’ local or regional banks are unable to distribute these funds on the holiday date, you will need to adjust your pay date to one day earlier to avoid delays. Please contact the institutions directly for information regarding their processing timelines.

Holiday Payroll with the following pay date Needs to be approved by 12 pm ET on this date
(three-day processing schedule)
New Year’s Day
2026
January 1 December 29
January 2 December 29
January 5 December 30
January 6 December 31
January 7 January 2
Good Friday April 3 March 31
April 6 March 31
April 7 April 1
April 8 April 2
April 9 April 6
Victoria Day May 18 May 13
May 19 May 13
May 20 May 14
May 21 May 15
May 22 May 19
Canada Day July 1 June 26
July 2 June 26
July 3 June 29
July 6 June 30
July 7 July 2
Labour Day September 7 September 2
September 8 September 2
September 9 September 3
September 10 September 4
September 11 September 8
National Day for Truth and
Reconciliation
September 30 September 25
October 1 September 25
October 2 September 28
October 5 September 29
October 6 October 1
Thanksgiving Day October 12 October 7
October 13 October 7
October 14 October 8
October 15 October 9
October 16 October 13
Remembrance Day November 11 November 6
November 12 November 6
November 13 November 9
November 16 November 10
November 17 November 12
Christmas Day Observed
Boxing Day Observed
December 25 December 22
December 28 December 22
December 29 December 22
December 30 December 23
December 31 December 24
New Year’s Day
2027
January 1 December 29
January 4 December 29
January 5 December 30
January 6 December 31
January 7 January 4

 

 

 

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